From the results, it seems that the limit-up model introduced by Binance has not achieved the expected effect and remains a feast for a few people. In terms of supply and demand, aside from a small number of newcomers who do not calculate valuations and research rules, the vast majority of users participating in Launchpool and receiving tokens will not sell at this price, resulting in sell orders always exceeding buy orders.
Additionally, based on observations over the past few days, it is still those scientists who can make money on $RED . Almost every day at 18:00:00, nearly 10M buy orders are placed at the limit-up. Aside from the scientists who have the capability to manage 2000 accounts and buy at a speed that is almost impossible for humans to achieve, there is no other explanation.