#隐私币生态普涨 If we talk about which project has recently interpreted the term "play people for suckers" to the fullest, MMT is definitely on the list. The performance of this coin since its launch can be described as a textbook-level disaster movie—going from peak to abyss in just one day, with a fall of 85%. Retail investors haven't even reacted to what happened, and their accounts are already in a tragic state.

The timeline goes back to November 4th, when MMT had just landed on a few mainstream platforms with an opening price of $0.1. What happened next? Within 12 hours, it skyrocketed to $4.4, an increase of 4400%. Just looking at that number makes one's heart race. But then the plot took a sharp turn - within 24 hours, the liquidation amount surged to $134 million, and by November 6th, the price had already dropped to $0.66. It's normal for new coins to be volatile, but this combination of "rocket launch + free fall" clearly indicates a pre-designed trap.

Let's take a look at the gameplay behind it. Before launching, they set up a "chip refund mechanism", bind a bunch of KOLs to create a frenzy, and lure retail investors in with phrases like "free quota". The token economic model is even more outrageous: a total supply of 1 billion, with only 175 million to 204 million in circulation at TGE. What about the rest? They're all held tightly by the project team and early players. With this kind of chip distribution, raising the price for selling off is simply too easy.

At that time, I saw a lot of hype, but I always felt something was off, so I didn’t dare to touch it. Now there are complaints and grievances everywhere, and I can only say I’m glad I held back at that time. The new coin track is a minefield, and this kind of "launching at the peak" trick is not the first time we’ve seen it. In the future, when encountering similar skyrocketing projects, we really need to calm down and think: Is this hype real demand or human speculation? How is the token distributed? Don’t just look at the soaring price and get carried away, otherwise the identity of being a retail investor is something you really can’t shake off.

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