@liwuyou
WCT just launched. A lot of people saw it looked like EigenLayer, so they thought it was a worthless copy. They rushed to short it. Some even used 10x or 20x leverage, trying to make a quick buck. But WCT didn’t drop. It started going up instead. On the day it got listed on Upbit, it jumped more than 30%. Some said it even hit $0.55. The shorts didn’t have time to cut their losses — a lot of them got liquidated. At first, the price dropped. Then it got pushed back up. That kind of move looked like a trap for short sellers. Some people think it was all planned ahead of time. This token doesn’t have a big market cap, and the circulating supply is small. A few big players can move the price just by placing large orders. Regular users don’t stand a chance against that.
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