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Recently, the crypto world has once again staged an absurd drama. An official tweet from a leading ecosystem's account, due to a "slip of the finger," managed to heat up the market from a freezer—though only for a few minutes.
The details are as follows: the official account suddenly shared a post related to the core founder, instantly attracting nationwide attention. As you all know, during a bear market, even a small hint from the official can stir up waves, let alone content backed by IP. Retail investors immediately reacted—this must be good news!
And what happened next? Meme coins with the same name sprouted like mushrooms after rain, with the earliest one skyrocketing to a market cap of $200,000. A bunch of people poured money in like they were on steroids, afraid to miss out on this "officially endorsed" surge. But when I saw this scene, I couldn’t help but laugh—this isn’t a retail frenzy; it’s clearly a trap set by large funds in advance.
On-chain data later revealed the truth: 22 whale accounts pre-positioned, 314 professional wallets used MEV tools to bundle transactions, forcibly jumping the queue to enter early. Their game plan was simple: set up the trap, wait for retail investors to see the "official signal," then follow the trend and get in, before harvesting everything in one go.
It wasn't long before the official tweet was deleted. The meme coin that had just boasted a market cap of $200,000 immediately experienced a free fall, ultimately dropping over 94%. After this round, many accounts turned blood-red. This is the most authentic portrayal of the bear market crypto scene—information asymmetry, time gaps, and absolute capital dominance make it very difficult for retail investors to escape.