Yesterday I sold my AGIX position that I had bought some 440 days ago. While I think that AI has a lot of potential the hype in social media is becoming a little too much, prices are near historical highs, and Ben (the founder of AGIX) minted quite a bit of the token a few months back (3 months ago, I think?).
They have recently hired a tokenomics specialist to work in the team, but that is a just another name for a market maker marginal price manipulator. Pump up the chart, get everyone in and sell out the tokens when there is enough volume trading without crashing the price. Everyone will be happy thinking they own something special because number go up dynamics say so, and the company raises cash - unless you get in late, then you become a bagholder.
They have recently hired a tokenomics specialist to work in the team, but that is a just another name for a market maker marginal price manipulator. Pump up the chart, get everyone in and sell out the tokens when there is enough volume trading without crashing the price. Everyone will be happy thinking they own something special because number go up dynamics say so, and the company raises cash - unless you get in late, then you become a bagholder.
trader itcha