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Why Hasn't the Price Increase Started: Scammers Are Stealing Market Liquidity
In previous price surges like in 2017 and 2021, the market had real momentum, with strong leading projects. However, in today's cryptocurrency space, the market is flooded with scammers and fake influencers, depleting liquidity and hindering real growth. So, where does all that money go? Into the hands of scammers who are carrying out pump and dump schemes. Scam Handbook: How Influencers Steal Your Money Through Deception 🔹 Step 1: Create strength Scammers manipulate social media platforms to create a sense of authority by making irrational statements: 💬 "I have introduced a meme coin that has increased by 100x-200x! I will soon reveal the next 100x gemstone." This triggers FOMO (fear of missing out) and thousands of investors rushing to join early. 🔹 Step 2: Introducing their own meme currency After creating enough hype, these influential people launch their own meme currency—often without any utility or innovation. They actively promote it to their audience, making it seem like the next big thing. 🔹 Step 3: Pumping and draining When followers rush in, the price will temporarily increase. Some early buyers made quick profits, but then—💥 Boom! —scammers dumped, causing a sharp price drop and leaving most investors with worthless tokens. Bigger issue: Real projects are being overlooked ✅ The cryptocurrency market is built on innovation - blockchain technology, smart contracts, and decentralized finance (DeFi). ❌ However, nowadays, investors are too focused on meme coins, overlooking truly valuable utility projects. Instead of funding legitimate projects that can promote widespread adoption, liquidity is being drained by speculative scams. Why is this delaying the price increase? 1️⃣ There is no real capital inflow - Instead of money flowing into quality cryptocurrency projects, it is circulating among virtual currency frauds. 2️⃣ Retail investors lost confidence - After being deceived, retail investors become hesitant to return to the market. 3️⃣ Whale stay away - Investors and large organizations stay away from markets full of scams, hindering the real growth of the market. Conclusion: What needs to be changed? 🚫 Don't chase quick wealth from meme coins! 🔍 Research real-use, innovative, and long-term potential projects. ⚠️ Stay away from people influenced by aggression - mostly just seeking escape liquidity. 💡 The cryptocurrency market will have another price increase, but only when investors shift their focus from quick-rich scams to actual blockchain applications. Until then, scammers will continue to prevail—and the price surge will be delayed. 🚨