Ake and Lab’s trading methods are very similar.
After they finish accumulating, they push the price up, then wash out the bottom-positioned holders’ chips, push again, and wash again—so the washing happens in a step-by-step sequence. First, this can prevent the people who got the chips at the bottom from reaping super high multiples. Second, they can keep accumulating while pushing; the later you go, the easier it is to push up. In theory, you could push upward indefinitely.
So $AKE most likely still hasn’t been pushed to the right spot. With coins that are this highly controlled, they usually need to “push up while distributing” at higher levels. It’s not time for that yet.
After they finish accumulating, they push the price up, then wash out the bottom-positioned holders’ chips, push again, and wash again—so the washing happens in a step-by-step sequence. First, this can prevent the people who got the chips at the bottom from reaping super high multiples. Second, they can keep accumulating while pushing; the later you go, the easier it is to push up. In theory, you could push upward indefinitely.
So $AKE most likely still hasn’t been pushed to the right spot. With coins that are this highly controlled, they usually need to “push up while distributing” at higher levels. It’s not time for that yet.
