It's wild watching the #Monero bois slam the bid wall while chanting about being “delisted from the major CEXs”. So what does this mean, bros? Offloading shadow coins for fiat glory now that the bags got juiced?
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You put to much trust in third parties (remainng CEX).
You seem to not know how the Monero market got and still gets played through naked shorting.
Sometimes CEX need to parially cover otherwise they would need to close withdrawals which happens often and some of the CEX have closed withdrawals for XMR permanently making it essentially a paper trade.
Once CEX covered they are free to sell non existent coins on their platforms again.
As some CEX delisted, other CEX maxed out their fractional reserves and volume is shifting to DEX like RetoSwap and atomic swaps like Eigenwallet they lose power, meaning they can pump and dump but pricec will land higher than before. Simply because what you are claiming is not true. Monero Bros are just holding the line.
Monero growth trajectory is different than Bitcoin. It largely tracks the absolute price bottom with occasional jumps.
Which ironically makes it a better store of value than BTC.
That's whole lotta words for nothing. The fact is price is never wrong. If it was, there would decoupling between guys like you and me transacting over DEXs and CEXs doing their shenanigans. It's an easy arb set up to print momey. Someone's selling his stack with the pump and there's no reason to paint it otherwise.