Unvest Crashes 80% In a Day. Another Pump and Dump Coin?

Updated: 17 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Unvest plunged 80% in a day, raising suspicions of a pump-and-dump scheme that risk damaging its credibility as a reliable investment.

At exactly 06:39 EST the asset has 24 hours trading volume of just $384, according to Dexscreener. Despite that, UNV/WETH has liquidity of $37,000 and a market cap of $935,000.

The coin, created 3 months ago, tarded between the $0.0044 and $0.0048 until late June, when it dropped sharply to $0.000024. New momentum pushed the coin to a new high of $0.006 on July 16 but as of 06:39 EST it had plummeted to $0.001199, down more than 80%.

Unvest Notable Features

Several noteworthy features characterize the asset (Unvest). It has a 0% buy and 0% sell tax, making it more accessible for traders.

Also, the tax structure is not adjustable, ensuring consistency. Unvest ($UNV), being open source, encourages transparency and community involvement.

Dexscreener highlighted that the coin does not incorporate honeypot or proxy contract functionality, reducing the risk of malicious traps or unauthorized control. Minting is disabled, preventing the creation of new coins and mitigating concerns related to inflation.

Furthermore, transfers cannot be paused, ensuring that liquidity remains uninterrupted, allowing seamless and efficient transactions. This coin allows users to sell their entire token balance, allowing complete liquidity and control over their assets.

Additionally, the absence of a blacklist feature ensures all participants have equal opportunities to transact, fostering a more inclusive and open ecosystem. It incorporates anti-whale measures, safeguarding against disproportionate market influence.

Technical Indicators Show Strong Bearish Momentum

According to the 15-minute chart, the UNVWETH trading pair is trading below the Moving Average indicator, suggesting that the recent price movements are lower than the average price over the past nine trading periods.

This indicates a potentially bearish signal in the market and signals a selling opportunity to traders and investors.

Also, the Moving Average Convergence Divergence (MACD) signals a potential bearish market as it’s below the signal line. The histogram bar showing strong red candles below the zero line confirms the bearish sentiment in the UNVWETH trading pair.

Wall Street Memes

For investors looking for something less risky, Wall Street Memes, which initiated its presale on May 26, may be a better bet. It’s had a remarkable presale event, attracting more than four million investors.

Wall Street Memes specializes in producing and distributing humorous content in the form of memes. Their primary objective is to disrupt the dominance of major Wall Street players by uniting and empowering small-scale investors.

Amidst the complexities and vulnerabilities of the digital realm, Wall Street Meme has successfully harnessed the power of blockchain technology to establish a robust and tamper-proof framework.

Implementing cryptographic techniques and decentralized consensus mechanisms ensures the security of transactions and information exchanges, mitigating the risks associated with traditional centralized systems.

Moreover, this cryptocurrency’s underlying blockchain architecture operates on a decentralized network, effectively removing the need for a central authority or intermediaries.

Wall Street Memes’ long-term vision doesn’t stop at being a cryptocurrency; they aim at creating a platform where its users can, within the community, exchange goods, services, and digital assets.

Features of Wall Street Memes

Decentralized financial ecosystem

Blockchain-powered transparency empowers Wall Street Memes, ensuring secure and accountable meme sharing while challenging Wall Street players.

Meme-based interactions

Wall Street Memes offers meme-based interactions as a unique feature, allowing users to engage and communicate through memes, fostering a vibrant and expressive community within the platform.

By leveraging the power of memes, Wall Street Memes create an engaging and lighthearted environment where users can connect, share humor, and challenge the status quo of traditional Wall Street players.

Blockchain technology and smart contract

Blockchain technology and smart contracts are prominent features of Wall Street Memes.

This ensures secure, transparent, and automated processes, enabling reliable and efficient interactions within the platform’s meme-sharing ecosystem.

Wall Street Memes Presale

The $WSM presale has reached a milestone of above $15 million, and in no distant time, it will smash its hard cap of over $15.4 Million.

Notably, 1 WSM is presently sold at $0.316 and will potentially rise to $0.0319 in the next stage, representing an increase of 0.94%.

How to Buy Wall Street Meme Token

Investors can buy Wall Street Memes using ETH, USDt, BNB, or credit or debit card.

Visit the website https:wallstreetmemes.com/en#walletbox, and tap on buy now.
Send BNB or ETH to your wallet and swap for $WSM.
Investors can equally buy $SWM tokens using USDT – ERC-20 or BEP-20. You can swap the USDT option and swap your preferred amount.
If you prefer plastic, you can easily use your crypto wallet address and order $WSM tokens with your bank card.