All these low float / high FDV tokens are scams using farmers to boost their market perception.
In reality, even the airdrop is highly concentrated to insiders, and real floats are 1-2% versus the announced 15-20%.
Result: Lots of crime on the order books, using perpetual liquidations as fuel.
very confused how EVERY week we have a brand new low float / high FDV token over $1b
where 99.9% of the participants are believed to be farmers / marketers
$H → $CAMP → $PROVE → $SOMI → $OPEN
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