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This is the real "cliff-like crash"! LABUBI plummeted to zero overnight, investors crying in despair 💔
Just saw this chart and my mind went blank!
LABUPI, which was celebrating at high levels just days ago, got smashed down to $0.00117 with a massive bearish candle, crashing 62.59% in 24 hours, directly cut from the high of 1.194 to almost zero!
Look at this K-line, one second it was rushing upward, the next second it went straight into a "guillotine", with barely any decent bounce.
How many people chased in at the top, thinking they'd make another round of gains, only to wake up the next day with their accounts shrunk by 99%, unable to cut losses, completely trapped inside.
The tricks of these MEME coins and air coins are really brutal:
During pump phase they shout "100x coin" "next viral hit", luring retail traders to pile in;
Once the whales finish dumping, they crash the price and run, leaving devastation everywhere.
A heads up for all my crypto trading friends:
Coins with no fundamentals, no real application - the crazier they pump, the more brutal they crash!
Don't get blinded by get-rich-quick myths, this kind of "roller coaster" market, ordinary people simply can't afford to play, and will end up as whale food in the end.
Investing is one thing, but don't gamble your hard-earned money on this kind of zero-risk $LA
{future}(LAUSDT)