Edit: I ffnd myself in agreement with speculation that this might be a dangerous and expensive (desperate?) rug pull to buck more investors off their back. Likely will just demonstrate how disconnected they are and might run away from them.

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[–] regolith@lemmy.whynotdrs.org 4 points 6 months ago

Personally, I don't think it's a rug pull. Worth noting that virtually all of the price action and volume is happening before market open. And there were some weird price swings after hours today from 51 down to 26 and back again, repeatedly for a short period of time. Without any evidence to support or refute anything my assumption is that major players are trying to make deals with each other, and some are successful while others are not.