Number go up, number go down. But damn, look at that chart https://coinmarketcap.com/currencies/safemoon/. It’s one of the cleanest looking pump-and-dumps I’ve ever seen.
This is not something to celebrate or condone. A lot of people who don’t know better are losing their savings trying to play along with the hype.
See https://stockhead.com.au/cryptocurrency/this-is-a-scam-crypt... or https://www.benzinga.com/markets/cryptocurrency/21/04/207213... for more.
This gives the SEC another reason, to 'protect' the retail investor by introducing regulations for cryptocurrencies.
So from here, I know that a lot of investors will become expensive bag holders from this. Just like the Bitconnect scam in 2017.
Someone should write a blog post or something to explain it, then link that here so we can all be in awe, or outrage, together.
Probably somewhere in here.