Panic Sale: how a project organizer can expedite token consolidation?
Want to know how a project organizer can expedite token consolidation? One method is through what's known as a 'panic sale.'
What does that mean? Imagine that after the token listing, the price starts to decline. This may cause some concern among investors.
To crash the market, one can do the following: Snipe oneself and drive the price below the Token Generation Event (TGE) level after listing. In such a scenario, the project team distances itself, claiming a hack of the channel or Twitter account, for example. If the founder is unresponsive or another plausible reason arises, it's enough to generate panic selling and crash the market. Subsequently, if the project is honest, the team buys tokens at the bottom, adding liquidity, and the chart shoots up.
This way, the team increases token liquidity and maintains its value
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