$RIVER Turned $1K Into $52K In 41 Days But Here’s Why I’m Not Buying
#RIVER Pumped 5,221% In 41 Days. From $1.616 (Dec 17) → $86 (Yesterday)
What Caused This Pump?
🔹 Arthur Hayes + Justin Sun ($8M) Backed It
🔹 $12M Funding Round With Big Investors
🔹 Sui Network Partnership
🔹 Listed On Binance, OKX, Bybit, Coinone
🔹 Only 20% Tokens In Circulation
🔹 One Whale Bought 50% Supply At $4
⚠️ My Warning:
👉 Don’t Try To Catch This Knife Now
👉 Strong Support Is At $8–$12 - High Chance Price Revisits $10–$15
👉 Fresh Longs At ATH = Very Risky
Key Risks:
🔴 Whale Controls 50% Supply: Dump Risk Anytime
🔴 Pump Driven By Leverage, Not Organic Demand
🔴 80% Tokens Still Locked
Conclusion:
Wait For A Proper Pullback
Don’t Become Exit Liquidity
DYOR
My Take:
Good Project, Very Risky Price Right Now
Wait For Cooldown Or Proper Structure
FOMO Is Not A Strategy
@Riverdotinc #CryptoPatel