Rijonistic

🧧 Kebab > Love , just kidding ..🙄

Tonight's Binance Alpha wave,
True·Big Hair.

To be honest, I almost forgot the last time
I received such a satisfying airdrop.

How much U have you all made?
I made 120U,
but unfortunately I was a bit too quick and sold too early 😂

Anyway,
Having毛 is good, having U is a good life.

I'm in a good mood tonight,
Sending 30U 🧧 as a red envelope to celebrate with everyone 🎉

Hope that in the future:
毛 gets bigger,
U increases,
And my hands don't act so cheap 🙏

The Stellar coin (XLM) of case 56 not only experienced a sharp decline due to team-related selling scandals but has also been exploited multiple times by criminals for pyramid schemes, resulting in significant losses for many ordinary investors.

In the early stages, Stellar coin relied on airdrop promotions, allowing users to receive 6,800 coins by linking their social media accounts, which attracted a number of early investors. However, during the project's development, there were multiple reports in the market about large private sales of tokens by its team and foundation. A large number of tokens flooding into the market disrupted the supply-demand balance, and every time related news broke, it led to significant price drops, causing substantial losses for retail investors who bought at high prices. This is also a core reason why it has been listed as a case of 'cutting leeks'.

In addition to the selling issues of the project itself, XLM has also become a 'packaging tool' for pyramid schemes. For example, between 2017 and 2018, a group used the name of Stellar coin to hold promotional meetings, manipulating coin prices through self-built platforms to create false prosperity, with the amount involved reaching 500 million yuan; another group falsely claimed that buying their 'mining machines' could yield annual profits of up to 3.65 million dollars, developing 160,000 members through a referral rebate model, with the amount involved exceeding 200 million yuan. Ultimately, after these scams collapsed, most of the funds invested by the investors could not be recovered.

The price of Stellar coin is also affected by the overall fluctuations in the cryptocurrency market, lacking stable value support, and ordinary investors may encounter losses if they are not careful.

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$ZEC 1D: Consolidating with heavy bearish bias.

Price chopping around 395-410 after the drop. Selling not aggressive anymore, but buying interest still weak.

1. Volume: Big drop came with massive volume (7-10M, capitulation vibes). Latest candles volume crashed to ~1.25M → selling pressure drying up.

2. Capital flows: Futures heavy outflows longer-term (3D -64M, 5D -70M) → leveraged longs getting wrecked. But 12H saw +25M inflow, short-term mixed. Spot net negative → retail demand weak.

#zec #ZECUSDT Cautiously bearish.

- Short on clean break below 395-398 (key support), confirmed by rising volume

→ Target 360

- SL 410-415 (above recent highs)

🔔 Counter-trend long only on clear reversal (bullish engulfing + hold 360), but bears still dominating. #zcash

{future}(ZECUSDT)