Jack Duval🌊@jackduval
a byproduct of the twitter tracker hyper rotational trench culture is that every catalyst for everything gets treated as sell the news
and it's because everyone gets the catalysts at the exact same time, down to the pico second
and so charts start to look more and more like this: sharp wick up on a catalyst followed by an immediate continuous selloff, and a sharp wick down insta zero if there is a spec of fud
this is because when a catalyst comes, as a trader you aren't just thinking about what it means for the coin, you are thinking about how the other 20,000 people looking at twitter tracker will react and arguably that's more important given that everyone uses it
for example, when the mom who had tweeted about the asteroid dog unfollowed the eth token's twitter, the eth token literally nuked 60 mil in market cap almost instantly because everyone in the trenches was pinged at the same time
there are many problems with this, the big one being that 99% of chart movements for most "pve runners" literally happen in a matter of minutes
a coin might be at 10 mil, but in reality it went from 500k to 10 mil in a matter of seconds and unless you were an early holder or one of the twitter tracker kids who bought the second the catalyst happened, you will not be able to participate in that runner
to sum it up, less and less coins are having rallies that accumulate and leg up over time and more and more coins are having majority of their runup happen within seconds and same goes for the run down