Recently noticed this coin FOLKS, the on-chain data looks quite strange.

I checked the addresses of the top few holdings and can basically confirm that it is a form of wash trading. How can I tell? These wallets have several obvious characteristics: the holding amounts are almost identical, and the last active times are also highly overlapping. It is clear that these wallets were created in bulk by the market makers and then funds were transferred into them uniformly.

What's even more outrageous is the trading volume. The data on the charts is likely manipulated by the market makers. For such highly controlled coins, the risk factor is off the charts.

The dog house is still performing its "last dance", and no one knows when it will suddenly retreat. If you have positions, it is advisable to control the ratio well and not to go all in. In this kind of market, a drop is only a matter of time.

FOLKS

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rugged_again

· 22h ago

It's the same old trick again, with such obvious rat trading there are still people chasing it, I'm just drunk --- Left hand to right hand, the trading volume data is all fake, anyone who touches this coin will die --- I've already seen through it, the market maker's last dance, just wait to eat noodles, everyone --- The number of holdings is exactly the same? This is too ridiculous, I don't even want to move --- I just want to know how much lower it has to fall before I can buy the dip, anyway, I can't touch it now --- FOLKS, this game is meant for giving away heads, remember not to go all in --- On-chain data can't fool people, this kind of market-controlled coins will eventually crash --- Seeing rat trading again, it feels like there are hardly any clean ones left in the crypto world --- Left hand to right hand malicious swiping, damn, the tricks are all the same, when can we get some new ones --- Those who are in a heavy position should have rug pulled by now

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Lyt52200

· 22h ago

Where can I find the address to fill out?

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MeaninglessApe

· 22h ago

I saw it a long time ago, this FOLKS thing is just a joke, the market maker's methods are too clumsy. --- Wait, the holdings data is the same? What a disappointing project. --- Moving from left hand to right hand, classic operation, I've seen it too many times. --- Those who go all in on this coin deserve to be played people for suckers, there's no helping it. --- The trading volume is all fake, I just want to know how many people are still placing buy orders. --- When will they rug pull? I'm betting on a blow-up before next Wednesday. --- It's so obvious that there’s rat trading and no one reports it, the exchange is really just giving up. --- Don't say anymore, I've already set a stop loss, a bloody lesson. --- I haven't touched this coin at all, I have no interest in market manipulators. --- Just waiting to see how the suckers scream later.

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MoodFollowsPrice

· 22h ago

Wow, this data clearly shows that people are being played for suckers.

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ImpermanentPhilosopher

· 22h ago

It's the same old story again, the Wallet Address is exactly the same? How lazy can one be, haha --- Hey, wait a minute, such obvious Trading Volume and no one has reported it? --- I've seen many cases of transferring from left hand to right hand, but what if the right hand is his too? --- Wait, are those overlapping Holdings times real? It's a bit too obvious --- A fall is inevitable, the question is when it will happen, that's what's tormenting --- Bro, this on-chain analysis is amazing, I was still hesitating before --- Controlling the market trend so fiercely, the market maker is really bold, aren't they afraid of being watched? --- That's enough, even if you see through it, don't shout blindly, someone is bound to be played for suckers --- I just want to know how much longer this kind of market can rise, those making quick money have to take the last baton, right? --- Why is rat trading always so easy to recognize? Has no one ever really hidden it?

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