Degenerate trades are always very risky, infact, they can be like to gambling because they mostly defy technical and fundamental analysis most times.

But even with all these, some OG's have managed to stay profitable in 70% of their trades, but the case is totally different for $Sol, here are some reasons.

The market is now a PvP game, with many people having good knowledge of how to navigate, therefore but the players and the playee are well vast in quick trades, so the competition is now who is quicker to take the liquidity.... the dev or the investor.

Developers don't no longer wait for huge X's before rugging.

Another plausible reason is the it is Q4, everyone wants to end the year profitable, and the greed of developers to achieve this aim is very high at this period, they don't mind cooking up some cock and bull story to push their coin and make people see a potential future in it.

$Sol is now taking people's soul away, stay safe out there, invest wisely, don't chase profits blindly, you will end up chasing after the wind. 

Degenerates are a gamble no matter the amount of research work you put in before buying, the dev won't regard any of those if he is greedy.

Sol is a very hot chain at the moment but liquidity is being slightly pulled out of the market, be mindful, stay positioned for where it is going to hit next, in the opinion, gamefi will kick off well in Q1 2024.

Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.

Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯

Until next time, stay SAFU.

Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.

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