Coin

<ul class="news-points"> 
 <li>The team behind the BRC-20 memecoin RATS share observations regarding the token’s abnormal trade volume spike on Gate.io.&nbsp;</li> 
 <li>The team alleged that Gate.io deliberately falsified data, “destroying the market”.</li> 
 <li>They called on users to withdraw their coins from the exchange in retaliation.</li> 
</ul> 
The team behind BRC-20 memecoin RATS has shared their observations regarding a suspicious spike in the token’s trade volume on the <a href="https://coinedition.com/tag/Gate.io">crypto exchange Gate.io</a>, which raised speculation and increased FUD around the project.&nbsp;&nbsp; 
In a <a href="https://x.com/BTC_Rats/status/1732314995327672547?s=20" target="_blank" rel="nofollow">post</a> shared on its official X page, the memecoin’s team alleges that many factors contributed to the spike on the crypto exchange. Firstly, they claim traders on Gate.io instinctively “prioritized profits” as the trade volume soared.&nbsp; 
Furthermore, they claimed that the crypto exchange’s management made decisions based on instincts,&nbsp; which could have increased volatility.&nbsp; The team added that a lack of consensus about the token’s increasing trade volume among experts confused investors.&nbsp; 
The team reiterated its commitment to questioning Gate.io’s role in the alleged trade volume manipulation. The recent development follows a noted…
The post <a href="https://coinedition.com/rats-team-outlines-findings-on-tokens-unusual-volume-spike-on-gate-io/">RATS Team Outlines Findings on Token’s Unusual Volume Spike on Gate.io</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

RATS Team Outlines Findings on Token’s Unusual Volume Spike on Gate.io

Coin Edition

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