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DoomPosting
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Degens Deteriorating
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Forwarded from Chadposting 🗿🗿🗿
👀 COIN ALERT:

Symbol: $BARSIK
Name: Hasbulla's Cat
Signal-1: 0.119 ⚠️
Liquidity: $179_265
Cap: $2_258_132
Created: 2.0h ago
Refreshed: 44.2s ago
Address: 7ZqzGzTNg5tjK1CHTBdGFHyKjBtXdfvAobuGgdt4pump
Dexscreener: https://dexscreener.com/search?q=7ZqzGzTNg5tjK1CHTBdGFHyKjBtXdfvAobuGgdt4pump

⚠️WARN: Low amount of LP Providers - Only a few users are providing liquidity

Note: experimental, still testing. Do not share.
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Not betting big on these

…but just want to know what weirdness is going on here

and will it keep happening

Lots of strange price movements all across the memecoin markets lately

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Just noticed all of the mascot memecoins doing this

Does it mean anything?

Not sure

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Update: So, no doubt the lines can have predictive power, in some cases achieving a high percentage correct

Though in investing, the question isn’t actually one of percents at all,

but rather a question of discounted value,

where percentage correct would be just one of the many discounting factors.

E.g. do any gains from a correct majority overcome any losses from the incorrect minority

Perhaps, in theory, if these memecoins are full of amateurs

Tbh idk.

But interesting to wonder.

(FWIW, didn’t get alerted to this one through technical analysis, or even from any signals derived from prices at all, and still don’t believe in technical analysis as a foundation or major component of any strategy, aside from perhaps order execution, but open to looking for evidence otherwise…)

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But according to the left, incentives simply don’t exist

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