How are you today $MATIC holders?

[TGD]

I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.

Anyone here can drop news related to this event?

[1713872454]

1713872454

[Lagduf]

I feel so good to see that dump and that was created by the team and then dumped it to the binance

https://twitter.com/LegitoCrypto/status/1204262510225850368?s=19

matic team is a fuckin money whore.

50% drop just in an hour is the worst thing that happening right now. I believe more to come.

some people lose a lot of money in TG group.

[kaneki007]

I didn't think MATIC would dump up to 50% in just 1 day, when i looked on Twitter there might be several reasons why the MATIC dump price. But i don't want to share about it for fear of FUD and please find a few tweets about this

[TGD]

I didn't think MATIC would dump up to 50% in just 1 day, when i looked on Twitter there might be several reasons why the MATIC dump price. But i don't want to share about it for fear of FUD and please find a few tweets about this

Let's for the binance investigation. This really shady as butthole. I believe that there is no MATIC investors that will sold out his bags in that manner. 15% of the token supply is not acceptable as investors holdings. I'm waiting for other cover up from Matic devs and Binance team for this issue. For now, let's enjoy again a good entry point for Matic. Condolence to those who buy above 500 sats yesterday.

[bassbity]

I didn't think MATIC would dump up to 50% in just 1 day, when i looked on Twitter there might be several reasons why the MATIC dump price. But i don't want to share about it for fear of FUD and please find a few tweets about this

Indeed, it was discarded by the team and this disposal was massive, so it was beyond a doubt that the team would not do this just look at this transaction
https://etherscan.io/token/0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0?a=0xb316fa9fa91700d7084d377bfdc81eb9f232f5ff

[Xxmodded]

I didn't think MATIC would dump up to 50% in just 1 day, when i looked on Twitter there might be several reasons why the MATIC dump price. But i don't want to share about it for fear of FUD and please find a few tweets about this

Pump and dump to close with matic coin where jut few second can dump more than 50% and pump with the same amount, I like with coin active for trading like matic because many investor take participated there and I have check just few minute and good for trading with matic coin, we can get profit only with few minutes after checking with matic growing up and down.

[btc-facebook]

after I saw the chart on 1D time frame, I was not surprised if Matic had a big dumb, because if we see that Matic RSI is overbought,
it should be time to take profit and wait for a big dumb.

[itos84]

It is really hard for investors that bought at high prices. But also there were some people that made a lot of money today buying at 150 and selling at 300. Doubling their money. So probably this was from really big whales controlling the market.

[Furious 7]

I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.

[mindrust]

You live by the FOMO, you die by the FOLO.

If this was a project you believed in, like the guy above, you would see this as an opportunity to increase your assets.

Just like the bitcoin people have been doing.

But you did see MATIC as a get rich quick ticket. You bought into FOMO. Naturally, now you...

PANIC

And you should. I would panic too If I were you. I know pretty much nothing about MATIC. The only impression I got is, I know that binance made it big and binance can make it small again.

Whatever let's get back to the point.

Panic is a good thing.

Panic raises your adrenaline levels.

Panic keeps you alive.

You are panicking because you know you did something stupid and you want to get rid of it.

I would get rid of this shit too If I had any.

So, Let's...

PANIC

Remember, If you don't panic hard enough, the other guy will and you will lose even more money.

[xZork]

To make this clearer, @maticnetwork has made an official statement about the situation.
https://twitter.com/maticnetwork/status/1204291432367869952
However, the 50% reduction is a terrible reduction, this can be a big scam and many people have been tricked. People should be careful when investing in such projects.

[Itsmylife]

Opss, when I saw MATIC touching 570 sats, I regretted not buying it early but now I think I'm a lucky person It's very hard to reach 500 sats in the third time with this landfill: - [maybe everyone should stay away MATIC

[zeze18]

I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.

Anyone here can drop news related to this event?

Altcoins that doesn't have any updates or news related to the coins will dump anytime, because there are so many new project updates and news from other coins and it's the time for other coins to shine because people are moving to the new one to get profits. So, don't hope too much with a coin with no updates, investors will move their investment anytime soon

[o48o]

Even though if this dump was by the team, i wonder if there are some bots reacting to this because it's not just the matic that took a hit. The whole altcoin sea turned red.

[SabrinaBianka]

I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.

Anyone here can drop news related to this event?

For me many of them are doubted of what happen on the price today. Living people always looking at the price not on for the future so they are suffer today because of that. But if we still stand and believing to their future plans I think they calm.

[Hallmader]

I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.

Be careful. This might be the beginning of the end of MATIC. The team is now coming out shady as it looks like an intentional dump on the part of them. I know people who have MATIC will counter this possibility but regardless, it is always better to wait for things to settle down before coming up with a final decision whether to buy or not. Although MATIC is not easy to break of course. It has hundreds of millions in volume. It can withstand dumps like these if it is not an intentional work of the team.

[debitel]

Well CZ tweeted that they are investing this dump and that they found out that the team didn't have anything to do with it.

Not sure if its the truth, but i'll still hold my MATIC coins as they have explained the situation in their TG group.

[debitel]

I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.

Be careful. This might be the beginning of the end of MATIC. The team is now coming out shady as it looks like an intentional dump on the part of them. I know people who have MATIC will counter this possibility but regardless, it is always better to wait for things to settle down before coming up with a final decision whether to buy or not. Although MATIC is not easy to break of course. It has hundreds of millions in volume. It can withstand dumps like these if it is not an intentional work of the team.

Why would you think that? they still have millions in volume, in my opiniong such projects can withstand such dumps

[acdc]

Many people have been exposed to FOMO because the development team's promises, money and wealth have blurred their eyes.
I suppose there was a deal with Binance first to pump and then dump. Such people should be banned in cryptocurrencies, because such scams would break all investor confidence.

[lobat999]

I would rather assume this is a result of market manipulation but not sure whether it was orchestrated by the team or by some big time whales willing to shake the market. If the project has enough supporters that could do buy orders, then it will be good otherwise the end result will not be good for hodlers either.