Leicester

do you know that they're they have your best interest at heart by doing so if they're not transparently talking about things that are to your detriment that they were aware of that's what happened with the ship ecosystem and certain others so that's my feedback to you is consider sometimes you're not going to know going in you're not going to know that this malicious activity begins to happen

post launch.

Sometimes a project can launch and it's fine.

And then after launch, this happens.

That's what then causes the pump and dump graph that you often see on projects.

see i told you the cologne scented book wasn't gonna cut it folks crypto talk.fm my name is leister i am your host i stumbled across again i tend to do this on the weekend i stumbled across a very interesting post that is in response to an incident that happened a while ago

And I'm going to briefly talk about the incident.

I didn't do deep coverage on the incident because in one of my older episodes, I said everything like it's a matter when the leash from the ship ecosystem, the leash started printing out of control.

I was one of the first to do the coverage about the supply having increased and the message that came out somewhere that claimed it was a one-time 10% increase and that not that it was increasing 10% per day.

Well, that's been debunked.

leash was printing out of control we're now the billions of tokens on leash when at one point it only had a hundred thousand tokens it's printing out of control and so i did that high level and i was one of the first to talk about this

tells me it's a matter of time because leash and bone had been connected on liquidity pools.

Bone has been in a chaotic mess leash, this issue here.

And I said, ship's next ship's price is at all time low and dwindling.

And then people were looking and seeing that a lot of the burn activity had dwindled.

I don't really care about the burn activity.

What I do care about is the root cause of why the burn activity went down, which is a liquidity crisis that points.

that told some analysis tools that what we're seeing is that a lot of the bow or excuse me, Shiv that's out there is largely in leverage trading.

In other words, that there's not a lot of direct, you know, peer to peer decentralized.

There's not a lot of real activity.