History of the Bears
In the world of CryptoCrater, after the great market crash, a group of investors gathered around Dump Kwon who believed in the power of falling prices. These people, known as the Bears, were masters of manipulation and creating instability.
Under their leadership, many projects rug-pulled, and the market plunged into crypto winter. They sold off assets, creating disbelief and forcing other market participants to panic sell their positions.
Their tactics led to panic selling, liquidations, and bankruptcies, which amplified their influence and allowed them to control the market at the bottom. The Bears became a symbol of instability and mastery over crises.