New Coin Listing EAGLE Explodes 2,000% on UniSwap as New Bitcoin ETF Project Launch Approaches
New coin listing EAGLE has surged by over 2,000% after appearing on Uniswap yesterday, with the meme token reaching a record high of $0.0012 earlier today.
However, the coin has already begun dumping fast, sinking to $0.00005215 as of writing.
This would suggest that EAGLE could be yet another pump-and-dump, with the token showing no real signs of recovering after its big fall in the past hour.
Fortunately, there are some new tokens that actually have a genuine roadmap and real fundamentals, with Bitcoin ETF Token’s increasingly successful presale suggesting that it could have a big listing in the next few weeks.
If there’s a sure sign of a risky token, it’s a chart that exhibits the classic ‘Bart Simpson’ rise-and-fall pattern.
As can be seen below, EAGLE’s price rose suddenly in the early hours of the morning, after a big spike in volume.
It’s therefore likely that a manipulator (or two) put in a big buy order, aiming to pump the coin’s price.
This rise then seemed to attract a few more smaller buyers, who helped push EAGLE higher over the course of several years.
Yet as is evident from around 10:00am this morning, EAGLE has more or less collapsed.
Worse still, there’s little new volume coming in to restore the token to its former levels, implying that it may never recover.
As the glow of #Eagleinu illuminates the financial landscape, it becomes the guiding light, signaling a new era of decentralized possibilities. #1000X
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