BROCCOLI tokens experienced a rare surge on a major exchange—rising 983% in just a few minutes before rapidly falling back. What is behind this?
Data shows that approximately 64% of the circulating supply is concentrated in exchange-controlled wallets, and this extreme liquidity concentration directly weakens the spot price discovery mechanism. More importantly, an infiltrated market maker account injected a large amount of fake buy orders into the market, artificially pushing up the spot prices.
Although this manipulation created a temporary illusion of price, it ultimately cannot escape the market's true logic—when the fake demand dissipates, the price collapses accordingly. This serves as a reminder to investors: before participating in any project, always check the liquidity distribution and trading depth.
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
6
Repost
Share
Comment
0/400
DegenMcsleepless
· 8h ago
Same old story again, market makers get attacked, fake buy orders crash the price, a 983% increase sounds just unbelievable... How bad does this coin have to be?
View OriginalReply0
GasFeeTears
· 8h ago
It's the same trick again—exchanges colluding with market makers to harvest retail investors.
View OriginalReply0
ChainSpy
· 8h ago
It's the same old trick again—market maker accounts get hacked and then dumped, this script has been played out already.
View OriginalReply0
RugResistant
· 8h ago
It's the same old trick again, hoarding so many coins in the exchange wallet, just waiting to pump the price.
This is outrageous. Market makers get hacked and still act so recklessly. The security of exchanges is really concerning.
983% increase? I just smile, it's just a gambler's celebration.
With such poor liquidity, how dare they list on top-tier exchanges? Who gave them the guts?
Still playing this fake buy wall game, when will they learn?
Honestly, it's just a prelude to a rug pull. The retail investors are about to get slaughtered.
View OriginalReply0
LayerZeroHero
· 8h ago
It's the same old trick again. After market makers get hacked, they flood the market, and retail investors are still placing buy orders before the price crashes.
View OriginalReply0
SnapshotDayLaborer
· 8h ago
It's the same old trick. Market makers get hacked and still blame the market? A 983% price fluctuation—this is what they call the "liquidity trap."
BROCCOLI tokens experienced a rare surge on a major exchange—rising 983% in just a few minutes before rapidly falling back. What is behind this?
Data shows that approximately 64% of the circulating supply is concentrated in exchange-controlled wallets, and this extreme liquidity concentration directly weakens the spot price discovery mechanism. More importantly, an infiltrated market maker account injected a large amount of fake buy orders into the market, artificially pushing up the spot prices.
Although this manipulation created a temporary illusion of price, it ultimately cannot escape the market's true logic—when the fake demand dissipates, the price collapses accordingly. This serves as a reminder to investors: before participating in any project, always check the liquidity distribution and trading depth.