Cyril - DeFi
Cyril - DeFi

@cyrilXBT

9 Tweets 2 reads Nov 13, 2023
You see a coin that has increased in value by 600% plus and is surrounded by a lot of hype.
It's tempting to buy into it, but you're not sure if you're too late to the party.
Use this playbook to determine if it's still a good R/R for your investmentπŸ§΅πŸ‘‡
In this thread, I'll teach you how to use whales wallet and play their game accordingly
This will also save you hard earn money and avoid getting dumbed on
In this example I'll use #PEPE2 since its 6504% up since launch
I'll teach you what you need to look out for and how to do it
Let's dive in...
The token in question here is #PEPE2
β€’ Head over to @DEXToolsApp
β€’ copy $PEPE2
How to spot Red flags and decided R/R:
Head over to @bubblemaps
β€’ Input the address
β€’ Red flag 1 spotted - too many connecting wallets. Now do the math Mcap at $38m
Is this a smart decision? IMO it isn't
From analyzing 3 wallets in the top 10. Here's what I found:
β€’ All 3 wallets received tokens
β€’ All 3 wallets are up 700%
with the tokens Mcap at $39M
Clearly, way too much risk to be taking at this time. If you are late just sit it out
and be on the safer side
In conclusion, if multiple wallets are in the top 10 and are already up 700% plus then it's too late.
It will only take two or 3 of them to dump and cause the price to nuke hard.
I hope this helps. Stay safe out there
And that's it!
If you enjoyed this thread
1. Follow me @cyrilXBT and turn on notifications so you don't miss out! πŸ””
2. Retweet the 1st tweet of this thread to help inspire others:

Loading suggestions...