Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
You buy it at $0.50.
You offer it for sale at $0.60.
You buy it at $0.60.
You offer it at $0.70.
You buy it at $0.70.
Sometimes you mix in there.
Sometimes you sell it a little bit lower so it doesn't come across obvious and you usually will control how much traffic you're pumping through it because you don't want it to raise flags.
Fact the exchanges will tell your token your traffic is causing red flags.
It's too high.
It doesn't make any sense.
So like if it's a new project, you wouldn't expect to have a million dollars worth of traffic.
It doesn't make any sense.
However, many do.
Finance is notorious for this.
Wash trading is you are working either because you're doing it or because somebody else you've worked with is doing it per your request to do so.
artificially artificially inflate the price and create the illusion of a market that's not really there these are not real people there's not real interest you're doing it to get interest it would surprise you to understand the vast majority of cryptos do it that are not the big ones bitcoin ethereum avax right so this is trying to ban that
Lock it down.
If you ban market wash trading, you lock that down.
Let's say they do pull that off.
If you lock that down, what would you end up with?