$RIVER is going to teach newbies a tough lesson. The lesson former crypto traders are familiar with, How brutal and unforgiving crypto space can be.
Throughout the month RIVER printed thousands of percent returns, but the dark side, while liquidating millions of sellers.
RIVER went from few cents to straight 86 dollars and started to fall, after falling to $51 it caught momentum again and trapped optimistic newbies around $65 - $75 range and failed to deliver the new ATH.
In short buyer at these zones are trapped forever. If RIVER suddenly collapses which it will, then these buyers will be trapped forever.
It’s not Bitcoin, ethereum, solana or some other great project, to hope it’ll recover. it’s relatively a new project and for a new project to gain a $4 Billion market cap is like gathering entire luck available on the planet.
While most of the genuine projects fail, and struggle to survive in crypto landscape. The manipulation at River somehow proved that crypto needs a regulatory framework to avoid potential manipulation from market makers, whales and development teams.
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