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Crypto Veteran Warns: A Handful of Sellers Can Wipe Out Meme Coins in Minutes


Crypto Veteran Warns: A Handful of Sellers Can Wipe Out Meme Coins in Minutes

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Long-time crypto trader Ogle warned on July 13 that small meme coins with limited liquidity can collapse within minutes when a few large holders decide to sell.

Pointing to recent losses around the latest sensation in the space, CASHCAT, the market watcher reiterated the risks in chasing fast-moving tokens, where paper gains can disappear really fast when leverage, thin markets, and concentrated ownership collide.

Read the article at CryptoPotato

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