Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: marinolo on February 13, 2025, 05:11:01 PM
-
Hello can someone explain to me how these incredible pumps on raydium based solana icos work?
I've seen it a dozen time on photon, dexscreener etc.. Low liquidity pool (2 sol) and incredible pump at launch USD 100m + mcap.
No real advertising and srong volume and fast pump to a couple of billions and afterwards it is dumped or liiquidity is removed. Always trending names like Barron, Tesla, SpaceX.
example coin" GcMMUxmSiqmj5ehP6os8VAJd47JV2fpZLXBsmJCUonsA"
I made an SpaceX Ico on my own but it did not receive any attention,volume etc.
-
It's more like a pump and dump strategy in fact that is basically the strategy that over 90% of Meme coins work on. What they do is they create a coin on a network which is usually solana these days and then they get enough liquidity (cash) via the investors that created this coins and then they release the coins after making proper advertisement and hype.
What actually happens is the liquidity of the creators plus that of other investors that comes into the ecosystem contributes to a sudden pump in price. Is just a simple strategy of putting liquidity in all of a sudden and then pulling it out too to dump the coin.
-
I made an SpaceX Ico on my own but it did not receive any attention,volume etc.
Are you saying that you want to create a pump & dump token too? I don't think you should follow what they do. Sure you might be able to get some money quickly, but your reputation will definitely take a hit and it's pretty easy for the government to able what you do as scam. Why not focus on developing your project more? If your project is good but you don't have the funds for marketing, you can post it here and see how the community perceives it.
-
I made an SpaceX Ico on my own but it did not receive any attention,volume etc.
r the government to able what you do as scam. is
how should the government track me down if if swap the funds though several wallets e.g. exodus etc. into different coins and finally monero. It should be untracable from my understanding
-
I made an SpaceX Ico on my own but it did not receive any attention,volume etc.
r the government to able what you do as scam. is
how should the government track me down if if swap the funds though several wallets e.g. exodus etc. into different coins and finally monero. It should be untracable from my understanding
you developed a token named spacex and then you expect someone will pump the token while you sell this spacex token to them. how lucky could you be? and you think someone else will do it for you.
well the government may not be able to traced you. you can escape still. but maybe one day an AI will be developed to traced these accounts that are connected to each other.
-
But somehow still people are making money with minimal marketing, I just dont get it.
-
But somehow still people are making money with minimal marketing, I just dont get it.
So you want to scam some users with a fake coin too, right? ;D
Liquidity is irrelevant there if the trade are made by their own bots with their own coins, I could explain this a lot more but since it's obvious you would use this knowledge just to promote a pump and dump scam, no, not going to help you with it.
Sure you might be able to get some money quickly, but your reputation will definitely take a hit
Do you really think he cares? :D
-
Unlike those guys that says they have something innovative or a token with real utility, we got a bold and an honest one here ;D Unfortunately for you, you're on your own. We're not going to be a complicit to your pump and dump scheme.
-
Thanks guys for your honest replies. I mean everything on this planet or even galaxy is worthless and wealth is just an illusion. But now it gets philosophical.
I will do my homework.
:-)
-
Hello can someone explain to me how these incredible pumps on raydium based solana icos work?
I've seen it a dozen time on photon, dexscreener etc.. Low liquidity pool (2 sol) and incredible pump at launch USD 100m + mcap.
No real advertising and srong volume and fast pump to a couple of billions and afterwards it is dumped or liiquidity is removed. Always trending names like Barron, Tesla, SpaceX.
example coin" GcMMUxmSiqmj5ehP6os8VAJd47JV2fpZLXBsmJCUonsA"
I made an SpaceX Ico on my own but it did not receive any attention,volume etc.
Well, I've read the comments and still want to discuss a bit about what you're interested in. I think a memecoin can be successful if it possesses these conditions:
1. Gets lucky enough to gain community interest.
2. Has support from KOLs.
3. Has a very good price manipulation strategy: marketing on the price chart.
We have millions of memecoins in the market and most of them are silly and meaningless. I don't think I can stop the wave of memecoins, which means I also have no intention of stopping you from creating SpaceX memecoins. You have the right to do so, and you can also make it famous and profit from this memecoin.
If I may give you a piece of advice: create a memecoin that is fun, at least it will help the crypto community relax. If you're lucky, your memecoin could be as successful as PEPE ^^
-
No real advertising and strong volume and fast pump to a couple of billions and afterwards it is dumped or liquidity is removed. Always trending names like Barron, Tesla, SpaceX.
The answer is obvious: MANIPULATING the market. Meaning people behind those projects are the ones propping up the coin, providing liquidity and once they sold a big volume of what they are holding they would then left the market hence the liquidity is gone and the price of the coin will crashed to the ground...just like the whole MOON landing on EARTH. Now, you would be lucky if you are either part of the pumping/dumping group or you know it beforehand (just like insider trading). Because the crypto market is not as regulated as other investment vehicles, people can still do this thing and then run away with the money they snatched from the market. You would not be on the crossroad with these people or be left behind with useless coins otherwise you will certainly lose money and your dreams crushed like a can.
-
Well, I've read the comments and still want to discuss a bit about what you're interested in. I think a memecoin can be successful if it possesses these conditions:
1. Gets lucky enough to gain community interest.
2. Has support from KOLs.
3. Has a very good price manipulation strategy: marketing on the price chart.
...
Exactly
The scams that have now been uncovered in Meteora, especially about Milei's coins, are a good example of the fact that there are several malicious people or groups whose only goal is to deceive as many people as possible, withdraw the money and that's it
Without contributing anything to the crypto community
There are a lot of pump and dump groups out there, a lot of people who spend money paying influencers on X to promote some scam...
-
But somehow still people are making money with minimal marketing, I just dont get it.
So you want to scam some users with a fake coin too, right? ;D
Maybe because the money is very tempting, and he saw the great success of developers reaping profits from just making meme tokens, making them hype, and taking the highest profits. And that seems very tempting. Haha, but indeed, it is quite easy to get rich if it can always be like this.
But is it easy? If we have no experience, it's difficult. Because after all, these people are professionals in this field, so they already understand where the gaps are and how to do it, and they also have the capital to make the meme token project that easy to hype among the community.
-
how should the government track me down if if swap the funds though several wallets e.g. exodus etc. into different coins and finally monero. It should be untracable from my understanding
Well, I don't have any experience in tricking governments but wouldn't you assume they have chain analysis data to track transactions for stuff like this? Even if you ignore the government I'm sure there are tons of chain analyst on social media who publishes research about scammers' wallets nowadays. Anyway, I just think that scamming people is just wrong to do in the first place, regardless of how easy it is for people to fomo and pump your tokens.
Hopefully, you no longer plan to do this like your last reply on this thread.