WAGYU SCAMMERS EXPOSED
https://x.com/veksonpu/status/2062811099678810482?s=20
For months I’ve been writing on this platform about how the Wagyu hype circlejerk is behind the massive corrections whenever Monero breaks out of resistance levels, and now I have final proof that I’ve been right the whole time.
1/4 Something seriously shady is going on with $XMR1 (synthetic wrapped Monero) on Hyperliquid, tied to Wagyu. If you care about real, decentralized markets, look at this data. We need to talk about vaporware and artificial sell pressure. 2/4 Red Flag 1: Insane Centralization Look at the traders list. The top 5 wallets are controlling the entire market. Wallet #1 alone dumped an absurd $19.35M worth of XMR1, pocketing $15.8M in profit. This isn’t an organic market; it looks like a coordinated whale cartel or massive wash trading.
3/4 Red Flag 2: Unbacked Vaporware?Hyperliquid doesn’t support native spot
. XMR1 is a synthetic derivative. Because real Monero is private, there is ZERO public on-chain proof that these wrapped tokens are backed 1:1 by real reserves. It’s a printing press with no oversight. 4/4 The Impact: Crashing the Real MarketWhen these 5 wallets coordinate massive selling swaps of unverified paper tokens, it creates brutal artificial sell pressure. Bots and arbitrage algos pick this up, indirectly dragging down the sentiment and price of REAL Monero. Stay vigilant and don’t get played by closed-loop sandboxes.
submitted by /u/vekypula [link] [comments]
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