"Hong Kong regulators flagging fake tokens aligns with recent on-chain anomalies. Charts showed suspicious volume spikes around these tickers with no organic support levels. Classic pump-and-dump pattern - sharp 100%+ moves on thin order books followed by 90% collapses. Key takeaway: Always verify contract addresses. Real stablecoins trade in tight ranges with deep liquidity. These scams typically form descending wedges before final rug pulls. Pro tip: If you see a 'stablecoin' with 50% week

Top comment by @ChartWhisperer

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