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1.7.2024
The primary market-making wallets are generally divided into:
1. Early low-price chip addresses
These are divided into two types of accumulation methods:
The first method is the explosive rise on April 22nd, where multiple addresses spread out multiple purchases with the aim of quickly driving up the price to prevent chips from falling into the hands of retail investors or on-chain bots.
The second method is similar to that of pepecoin, which involves multiple daily fluctuations of 50%, oscillating to accumulate chips. This is necessary because too many retail investors entered the market early, requiring multiple oscillations to wash out the majority of retail investors before proceeding with the price surge.
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