Dump in January?
that’s my thought too…until we get the halving in april then things pick back up again Q3/Q4…it’s all a guess tho
so I’ve recently suspected that devs will put high initial buy/sell taxes on a coin to buy themselves some time (and get additional tokens for themselves from taxes) as they establish multiple wallets and buy up a large portion of the supply…
was in a TG chat for a token and a guy was asking about the high taxes (20/20) on the project prior to them renouncing it…he pointed out they made 45 ETH from taxes alone which they confirmed…they claim they’re going to use it for marketing and buybacks…dunno if they’re sincere (highly doubt it lol)…making almost $100k out the gate tho…I can imagine it’s very tempting for many devs in that position not to take the money and run
*edit*
there’s no definitive proof but someone pointed out it’s possible the team may own about 200 wallets…all very early buys with exactly the same amount of tokens lol