TH_TH
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Bullish
Everyone hopes for a price increase after listing.
But you all need to know that the exchange needs to sell the tokens. If they have already sold 350 million tokens to the market at a price of 0.7, then when they list at a price of 1.5 or 2, if you are a whale or a shark, would you dare to accumulate? They accumulate so that the small buyers can take profits on their heads.
Then when the sharks don’t buy, the remaining number of tokens pushed out when listed is about 150 million tokens. Who will buy at a higher price? Surely they will have to force the sharks to buy, right?
Be really cautious, because the exchange can trap people at a high price so that when pushing the remaining tokens out, there won't be any profit-taking, and the number of tokens sold will be quick. And from there, the new price can increase sustainably.
Be careful this afternoon and tomorrow afternoon.
Here I share my personal opinion; some may not be satisfied or may not like it, so I hope not to receive any negative comments from you all. As for the price currently increasing steadily, if you are confident in the market and confident in the project, then you don’t need to pay attention to what I said.
But you all need to know that the exchange needs to sell the tokens. If they have already sold 350 million tokens to the market at a price of 0.7, then when they list at a price of 1.5 or 2, if you are a whale or a shark, would you dare to accumulate? They accumulate so that the small buyers can take profits on their heads.
Then when the sharks don’t buy, the remaining number of tokens pushed out when listed is about 150 million tokens. Who will buy at a higher price? Surely they will have to force the sharks to buy, right?
Be really cautious, because the exchange can trap people at a high price so that when pushing the remaining tokens out, there won't be any profit-taking, and the number of tokens sold will be quick. And from there, the new price can increase sustainably.
Be careful this afternoon and tomorrow afternoon.
Here I share my personal opinion; some may not be satisfied or may not like it, so I hope not to receive any negative comments from you all. As for the price currently increasing steadily, if you are confident in the market and confident in the project, then you don’t need to pay attention to what I said.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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