I have been watching the $STONK price crab all day and seeing the pool liquidity keep rising via swap fees and arbitrage between balancer exchange and uniswap, I think it's time for a midnight pump for the working folk. $STONKERS, if you will.
It not being audited doesn't seem to be the issue. No one wants to buy it
Luke Moore
its day 3 lol, a stable price this early is great
Leo Gonzalez
Shilling is apparently about to start. Ngl the admins are kind of retarded af but this shit can and will pump pnce they are ready with the stuff they’re working on
Jace Smith
it's only a few days old user, it's still learning how to walk
QP33C8 the dev talks here a lot about how to use the token and the pool to your greatest benefit
Maybe it is still sleeping at 0.007, we can now say that this is not a pump and dump thing, I read the article and more about STONKS and tonight will peak at 0.03$ screenshot this!
Levi Foster
I was thinking the same until I looked into the project and see the pooling dividend and arbitrage profit so far.
This is quickly becoming smart money.
James Rodriguez
Just drop into the discord and see for yourself. The dev is serious about this project and is actually teaching people how to utilise the balancer pool properly to their advantage.
Grayson Thompson
Every time it pumps even a little, it dumps back down. I am keeping an eye on the top wallets, and I am seeing people moving their stonks around and selling from other wallets, and it has me worried
Colton Reed
Or they are... pooling? How hard are you really looking?
Easton Torres
That is likely the pooling happening after every bull run. When you pool at the height of a bullrun you are balancing the STONK against a series of DeFi tokens + adding liquidity and securing the value in case of any future shorting.
Colton Phillips
literally the point of this token is arbitrage, that's what they're doing
Justin Barnes
The lowest price STONK went for is reasonable as compared to STA where whales could get like a million per eth -> literally no incentives to hold any longer when you’re 100x up, hence the dump you’re seeing today with STA
James Jones
coin has been doing pretty well while everything is dumping. It has literally been untouched
bless STONKs
Eli Rivera
So you are saying the whales are going to dump when the price goes up? That doesn't inspire confidence. Stonks has a much worse distribution that sta as it is
Nathaniel Martinez
They are not dumping, the top 100 are fattening up the liquidity pool in order to support the projects actual value which is arbitrage and 0.88% pooling dividends.
Blake Rodriguez
Anything will dump after it has gone up enough. Look at the big caps too. It’s just price action
What matters is if the pumps and subsequent corrections are sustainable, and if there’s steam left in the tank. STONK’s price has been pretty stable after correcting for 3 days after the first pump, so take what you can from this.
Kayden Phillips
I know what to look for, this isn't my first rodeo. It might not be a scam, but people are bleeding it off every time it rises and it keeps crabbing lower and lower. It is not looking good.
Brody Rogers
How is it crabbing lower? It has been making higher lows actually, bounced off 35k stonk/eth 4 times counting
Isaiah Hill
Can you give more detail on the addresses?
Brody Morris
It was mid 0.006s a few minutes ago, and it is hovering at 0.007 all day
I'm sorry, it's 3am here, I'm not going to go digging through the wallets right now, but I have been watching people shuffling portions of their stonks to different wallets. One of the top wallets has several large sums of scam versions of statera which seems like a huge red flag
This is the one with the scam coins, and it go it's funds from a wallet a few hours ago that also has a different version of stonks and it has 1.3 million stonks in it 0xc1Bb29ee5F546eB85780DBfE1027234287bC6f61
Easton Reed
They have like 2 obvious scamcoins plus an earlier version of stonks which means they are probably a dev
Fuck.
Noah Hughes
How do I pool? I only have STONKs and I have 1$ left of ETH.
Can I pool all my STONKs or do I need equivalent wETH to my STONKs?
I'm trying to understand the one click balancer it's kind of difficult for me
Michael Lee
What? How is that proof though? Could just have been someone who throws money at all uniswap coins
Austin Harris
checked, and based-pilled
Aiden Wilson
18 million statera x?
Tyler Baker
There are some guides on the discord, i'm sure the guys there would be willing to help you out.
>NvWUs3
Nicholas Smith
I thought this was a fake scam? Is it still up wtf?
Henry Torres
Haha this crap might actually be somewhat legit. But seeing how it started and the name i think it's hit and miss and to the future prospects altough i do think they hit the sweetspot in regards to the timing of launching a defi project so i guess we'll see. I'm white enough to risk an eth on it and not care.