This article is machine translated
Show original

$EDGEX The team continues to surprise us! 🤡 That is in addition to the fact that the team distributed most of the airdrops themselves. Initially, there were over 80 new wallets worth more than $90 million, but they distributed pocket change to people (actually, it is much more). Following our post, which was mentioned by all major players including Arkham, the tokens in the wallets were locked, but as you know, that wasn't the case for all of them. Currently, the team is announcing buybacks that are burned daily on X. However, the team does not state that most of the money being burned is not purchased from the market, but was transferred through dozens of new wallets and the team's intermediary addresses. These entities received the airdrops themselves, and now the team is sending them to buyback addresses to burn them. Burn Address $EDGE 0x221e7fca09589AB2d7Dc552EE72ACf1A2fF10048 Therefore, if you set up a short or long strategy based on news the team announces on Twitter, please keep in mind that this is merely a ploy to maintain a positive mood regarding the project.

Telegram
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments