A few days ago, I came across the message "CZ is the past, I am the future," and three coins with the same name popped up on the market: the original OG version, a newly launched version, and another one with obvious price manipulation.
At first, I was too lazy to get involved, mainly because I didn’t know which contract address to ape into. Then I happened to notice that a test wallet from a major exchange’s Chinese community swept the newly launched one, which had a market cap of only $200,000 at the time—that settled the address issue. It felt interesting, so I put in a 1% position to test the waters. Later, I took profits all the way out and did a few rounds of swing trading in between.
The whole process was pretty interesting, so I thought I’d record my decision-making journey this time.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
TrustMeBro
· 12h ago
With a quick scan at the exchange, you can instantly tell if it's a real coin. This technique is brilliant—I've learned something new.
View OriginalReply0
NFTRegretful
· 12h ago
Haha, the exchange wallet sweeping tactic is really brilliant—it’s like having the officials verify it for you.
View OriginalReply0
GoldDiggerDuck
· 12h ago
Exchange endorsement is quite a ruthless move, directly locking the address... How to put it, they're really good at exploiting the information gap.
View OriginalReply0
FunGibleTom
· 13h ago
I understand that thrill of chasing risks—the moment you bet on the right address, the satisfaction is truly exhilarating.
A few days ago, I came across the message "CZ is the past, I am the future," and three coins with the same name popped up on the market: the original OG version, a newly launched version, and another one with obvious price manipulation.
At first, I was too lazy to get involved, mainly because I didn’t know which contract address to ape into. Then I happened to notice that a test wallet from a major exchange’s Chinese community swept the newly launched one, which had a market cap of only $200,000 at the time—that settled the address issue. It felt interesting, so I put in a 1% position to test the waters. Later, I took profits all the way out and did a few rounds of swing trading in between.
The whole process was pretty interesting, so I thought I’d record my decision-making journey this time.