Instamine
| Instamine is a term used to describe the period of time immediately after a coin launch when a large portion of its total supply is distributed to investors. This can often lead to a rapid increase in the price of the coin as demand outstrips supply. Instamine can occur for a variety of reasons, but the most common is when a team or individual behind a coin launch decides to sell a large portion of their holdings immediately after the launch. This can often be done to cash in on the hype surrounding a new coin, and can lead to investors being left holding the bag as the price of the coin plummets. If you're thinking of investing in a new coin, it's important to do your research and be aware of the potential for instamine. While it can sometimes lead to quick profits, it can also be a risky proposition. |
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