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MonaCoin
$1.01 3.28%
MONA · 4w

$MONA to the mooon🚀🚀🚀vs. bear porn? REAL DATA from the blockchain!

​ [On-chain data; delta from the past three days. One thing I don't like is the increase in the number of dust wallets \(highlighted in yellow\). Those aren't coming from pre-existing wallets because we don't see any major decrease in the number of wallet addresses. So it seems like some devs or old holders might be spoofing the increase in wallet addresses to make it look bullish, while distributing their bags. This could explain the big top wicks we've been seeing \(refer to chart below\). Meanwhile plebs that see this $MONA on Twitter \>500 could be buying 🤔](https://preview.redd.it/9dozlsqxta781.png?width=646&format=png&auto=webp&s=4427e8cbb39ee42beb056afe6b1d7e8e54f124ca) ​ I don't like how we don't see any increase in the number of whale addresses; of course the whales could just have their coins on exchanges, but just doesn't seem typical of whale behavior to do that; what do you think? [Big top wicks we've been seeing on the weekly chart](https://preview.redd.it/5wwfwu8sva781.png?width=1558&format=png&auto=webp&s=d7188d5ab38afdb544d4333bd1372512f8b907e2)
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