Julius Elum@JuliusElum
How the big names extract liquidity from retail traders in the crypto market.
The emerging trends of RWA.
This will probably be the best scam exposure X post you have read this year.
Read to not all to these traps again.
Don't forget to share.
$EDEN pumps reminds me of $CFG and only taught me a lesson about $ONDO and $WLFI, $MON, $WLD $PUMP.
It's obvious I'm this industry that when the big names are behind any token launch, that token either crashes to zero or never ever move an inche in pricing.
$EDEN, $CFG and $ONDO are real world assets tokenization token.
ONDO is backed by the big names including Blackrock.
It has been the only Real world assets tokenization token that has gained the biggest narrative hype yet the price hardly move rather it keep going down.
Yet, not long ago when I called $CFG, it pumped from $80 million market capitalization to over $200 million market capitalization delivering over 100% growth on spot and 2000% pump on futures.
Currently, $EDEN has been pumping endlessly, delivering over 280% spot growth and over 5000% futures pump.
In the same manner, the RWA lead token like $ONDO is moving progressively, delivering up to 50% spot growth and 1000% futures pump.
Yet, RWA like $VANRY and $MANTRA are yet to make a move.
Do not forget, $MANTRA rebranded from $OM.
$OM is the real world asset tokenization token that rugged, scamming investors of over $10 billion in Binance back in 2024.
After the scam rug, they rebranded into MANTRA, redominated their token supply and got listed again on Binance.
I think the RWA narratives are waking up, which might combine force with the AI narrative to give unprecedented pump💰🔥🐳
You might be wondering why I mentioned coins like WLFI, MON, WLD and PUMP.
These tokens were launched by the big guys in the crypto industry and big names from conventional industry, but it turned out it was a liquidity extraction launch.
Microsoft launched $WLD - the world coin rapped in the name of world identity protocol. It turned out they have built such utility but rugged the coin price to almost nothing from over $4 billion market capitalization listing.
The Trump family launched $WLFI - World Liberty Finance at about $8 billion market capitalization and rugged the price to zero.
Coinbase launched the $MON - MONAD token, raised over $250 million and ended up rugging the token price to zero.
Pump.dotfun launched $PUMP - listed at around $8 billion market capitalization, no Airdrop, yet rugged the price to nothing.
This tells you that the big guys don't contribute to the crypto market, they use their name and coordinated influence to launch a token and rug the ordinary man who believed that their involvement in any launch would equal success.
I hope you have learned from these terrible failures.
Because this won't be the first time it will happen.
When the market starts gaining momentum and liquidity, all these big guys will rise again to extract liquidity.
I have shown your their scams, and their tactics.
Do not fall victim to it again.
