In 2023, AI Coin (AI) emerged amidst the global artificial intelligence technology boom. The project team touted "Blockchain + AI" as a gimmick, claiming to create a decentralized intelligent computing power platform. They aimed to raise funds through tokens to facilitate technology implementation, attracting a large number of retail investors chasing trends.
The project has no substantial technological research and development achievements, and the white paper is hollow with multiple instances of plagiarism from other AI projects. It lacks the core code for building a computing power network and has not established partnerships with any artificial intelligence companies. The project team capitalized on the market's enthusiasm for AI concepts, promoting it extensively through social media and cryptocurrency communities, deliberately creating an illusion of token scarcity to induce investors to buy at high prices.
After the token price was pushed to a peak, the project team quickly sold off a large amount of their holdings to cash out, subsequently deleting community accounts and shutting down their official website, leaving behind a mess. The price of AI Coin, lacking value support, plummeted by over 99%, ultimately going to zero. Countless retail investors lost their investments, making it a typical case of a "hype-driven" air coin that exploited inexperienced investors.
🔥$ASTER Current Trend: Consolidating with Bearish Bias – but signs of potential reversal brewing.
Volume: High volume on recent drops (peaked at 5.98B) → capitulation selling. Now super low volume (126k) → exhaustion kicking in.
Capital Flows: - Spot: +350k USDT net inflow in 24H → accumulation at these lows. - Contracts: Mixed, +3.11M inflow in 4H but longer outflows overall. Spot buyers stepping in while contracts hesitate = classic reversal setup.
Trade Idea: $ASTER Cautious Long (counter-trend reversal play) - Partial entry now $ASTER : 0.7218–0.7259 (sitting on support) - Add on confirmation: break above 0.7384 - SL: 0.6850 (below swing low) - Targets: 0.8956 → 1.0694
*Note: If it fails to break MA5, thesis invalid – cut fast.
Reversal from here or more pain? What’s your read on ASTER? 🚀 #ASTER #ASTERUSDT #AsterDEX
MELANIA is a MEME coin launched in 2025 that exploits the name of former First Lady Melania Trump, lacking technological support, practical application scenarios, and regulatory endorsement. It relies on insider trading and market manipulation techniques to achieve a harvest, with profits involved amounting to nearly $100 million, marking a symbolic case of small-cap coins preying on investors that year.
Before launch, the project team and core insiders privately accumulated over 60% of the circulating tokens at extremely low prices, while releasing vague positive news in niche communities about 'celebrity-related tokens launching soon' to attract a small number of speculative investors' attention, paving the way for price manipulation.
After the token was launched on a decentralized exchange, the project team collaborated with self-media and signal callers to spread false positive news such as 'Melania's team endorsement' and 'large institutional holdings,' while engaging in wash trading with their own holdings to create a false sense of volume and price increase. Within 48 hours, the token price surged over 20 times, causing many retail investors to chase the price upwards.
When retail investor holdings exceeded 30% and the price reached its peak, the project team and insiders simultaneously dumped their holdings. Due to the lack of liquidity depth in the coin, the sell-off triggered a cliff-like price drop, plummeting over 90% within hours. After completing the sell-off, the project team shut down the community, took down the official website, and emptied the wallet address, absconding with nearly $100 million.
DOGE is currently at the key support level of $0.128 after falling below the multi-year support trend line. If the selling pressure continues, the next target price will be $0.09. $DOGE
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Let's take a look at the early background of ADA: the ICO was exclusively sold by a Japanese institution, and it experienced a violent price surge upon launch, clearly indicating that a Japanese consortium was behind the scenes. The title of 'Japan's Ethereum' is not without basis. Unfortunately, the good times didn't last long, as the Japanese consortium had already liquidated their positions, and ADA has completely become a pawn. Now Charles is making a comeback with NIGHT, and anyone with a discerning eye can see that this is likely a second collaboration between him and the Japanese consortium—just look at the new Twitter image he posted (a wave from ukiyo-e), which further confirms that the capital power behind NIGHT is indeed the Japanese consortium! With such a giant backing it, the potential for NIGHT is self-evident. In contrast, the current ADA is being mismanaged by the Cardano Foundation, and its future is truly precarious. #ada $ADA $NIGHT {alpha}(560xfe930c2d63aed9b82fc4dbc801920dd2c1a3224f)