No one knows RACA has been manipulating the entire community! - Part 2

[TokFlow]

The End of the Pump Phase and Communication Handling

Hi guys, it's Alex from TokFlow again! In the previous section, I analyzed the RACA's steps to pump the prices and how market makers manipulated the community with media tricks. In part 2, I'm going to shed light on the end of the whole pump phase with a lot of striking evidence and most importantly how Radio CACA handled the media in the post-pump phase from the beginning of this year till now. After going sideways for about 2 weeks at the price of 0.003-0.004, the #DevelopmentTeam  rapidly set RACA price at an unexpected ATH level.

1. To the moon
On November 8, RACA proclaimed it would develop the Cyber Security Training Centre inside USM, an office located near SpaceX's headquarters. Besides, RACA also organized the airdrop program of 300 eggs and 10,000 DAU Milestone – an extremely valuable gift on the occasion of the project announcing a series of fascinating information. The community became so thrilled that the number of people joining the project had shot up. The developers continued to pamper the "contentment" of the community by announcing the burning of 300 million RACA and another 200 million RACA airdrops to all MPB owners on the same day (November 12, 2021).

Two days later (November 14, 2021), RACA price successfully reached ATH at 0.0119888 in the tremendous excitement beyond suspicion of the community. Do you still remember the lowest price of RACA just about 7 months ago? Within more than half a year, developers had successfully pumped the price of a low cap coin 630 times higher.

2. A mass of evidence that MM pumped and dumped token
Some may wonder that RACA has developed comprehensively in terms of both marketing and project, so the sharp increase in RACA prices is entirely driven by the power of the community without deliberate manipulation? Our TokFlow team has developed an AI that tracks hundreds of MM wallet labels with total transactions worth tens of billions of RACA, and here is the proof:


(Click here for more information: TokFlow Channel [nofollow])

This is a small portion of MM wallet labels that we collected, as you can see, the above wallets all hold a substantial token volume that can completely manipulate the market. Throughout the entire pump phase, MM wallets are constantly buying in large quantities of RACA and selling very small quantities, with a view to pushing up the prices and simultaneously taking advantage of these MM wallets to fake market volume by buying and selling at the same time a very large number of tokens.

I really take my hat off to the marketing and project development strategies of Radio CACA's team. A perfect plan without a bit of a loophole or suspicion from the community, and the ATH price (0.0119888) that the developers chose to fake is also a pretty nice number to make them satisfied and move on to the next phase - Dump.

The question is how they pumped the token without shocking the market, or making the community criticize and boycott the project when using a lot of big names to PR for it. In fact, those wise whales and market makers never wait for a spike in price to start pumping. Instead, they gradually dumped while pumping the price without making the community notice.

I'll take the example of a wallet address with suspicious performance which is called wallet A: 0x9e8451158086ba066d93c11d8d4b6e1969bcbc8d:


(Synthetic data by TokFlow AI [nofollow])

According to TokFlow analytics, wallet A received money from Dev on September 7, 2021. Therefore, I suspect this is a wallet label controlled by the Dev team.
To clarify this, I also checked the source of the wallet label 0xc99e4e934f1ddd2e3e03ffe38fe862ab5d6139be transferred to wallet A on August 24, 2021. Not surprisingly, it turned out that the amount of RACA also came from Dev, then it was broken down and transferred to a lot of other wallets.

So after receiving token from 2 sources of Dev, wallet A held the token until mid-October and began to make a lot of orders transferring the token.

I will randomly view a transaction of wallet A transferred 200K RACA to the wallet 0x241ab55768da608196f4cd2d63f5dbc07415b1a2 on October 7, 2021 to see the real purpose of this transaction. Here's what I found:


(Synthetic data by TokFlow AI [nofollow])

From this I came to the conclusion: wallet A received a large number of tokens from Dev's sources then made a lot of orders transferring money to other sub-wallets to place the sell-off orders, which shows a fairly obvious dump behavior of the developers.

During the tracing process, the TokFlow team tracked down how the developers erased the trace of the token’s origin by pushing the token to the exchange, then transferring the token to another wallet address that "only God knows" whether it was a real user wallet or Dev wallet. But nothing can cover the eyes of the community or TokFlow AI, I will give you an example of another wallet label:
(0xe4850258b8699bbd7b1cb337b6023c6b979e5808)


(Synthetic data by TokFlow AI [nofollow])

The aforementioned is a regular wallet label, but could it receive tokens simultaneously from both exchange and Dev? This is the proof that the Dev team could transfer money to the exchange, and then wipe out the trace by transferring to another wallet and transferring a few rounds to many other wallet labels to dump. My team - TokFlow has counted hundreds of wallets with similar transactions which indicate that the number of tokens dumped to the community was not negligible at all (in particular, these wallets showed signs of dump when the project had good news). In addition, it is also easy to notice the behavior of Dev breaking down the tokens into wallets and staking for rewards.

I just showed you how Dev dumped the tokens. However, the number of tokens in Dev wallets is only a small portion. When I learned that Devs could erase traces by pushing tokens to the exchange and then withdrawing from other wallets, I had my TokFlow team review all the wallets receiving money from the exchange and dumping continuously from the moment the price started to be pumped sharply from the end of October to the end of December. Here's part of what TokFlow found:


(Click here for more information: TokFlow Channel [nofollow])

All of the above wallets show suspicious signs of receiving billions of RACA from the exchange and then selling in equal amounts. I will check for you wallets that have dumped more than 7.5 billion RACA.

Take a look at some of the highlights from this wallet address 0x431731d312dffa688a37d81af8874a58776eacfd as follows:
- The wallet had a total of 32865 transactions since 24/09/2021 (when the project had boosted pricing for more than 1 month) until now. The wallet had the most transactions at the end of October until mid-November 2021 (when the project consecutively reached new peaks)
- The wallet received the total number of 8,934,803,024 RACA from the exchanges, sold 7,509,388,951 RACA, the remaining number of 1,425,414,073 RACA was transferred to other wallets, the current number of tokens in the wallet was zero.
- The total transaction of the wallet includes:
+ Source of tokens in: 2 exchanges (PancakeSwap and Gate.io) or some other wallet addresses such as: 0x98e8f871d814bfc5506b6cd4abeb3d05f809f8c5 (the source of money from this wallet address also came from the above 2 exchanges)
+ Source of tokens out: in 2 ways: either sold right on PancakeSwap, or transferred to some wallet address, e.g.
=> 0xb023d7f5aabd97b41b367a74c8e09cfa34a97702
=> 0x972c69d9d0af1bc888fee3efa15753f531046710
=> 0x39bd1ae0c8f3387905684913dc84f34e18a1654a

So where will the tokens received from the above wallet addresses go?

=> As such, they continued to be pushed onto Gate.io or Mexc.com exchanges. And as analyzed above, this is a form of token erasure used by developers or market makers to make MM wallets up as regular user wallets that blinds the community. And with just one wallet label, the market makers have successfully dumped nearly tens of billions of tokens, so with the list of hundreds of wallets we found, the number is truly mind-boggling.