Previously bought 40,000 U of AIOT
Today the contract has doubled.
Purchase logic at that time:
1. Real circulation is 4%, which is less than 5 million market value.
There is an expectation of a contract and an expectation for the game to buy coins.
Currently, the contract expectation has been realized, and the game has just opened.
We should be able to see 30M,
If the game opens up to over 100 million, it’s not impossible.
2. The chips are very clean, with 2% alpha and 2% liquidity.
No excess airdrop, which is better than any project.
At that time, some group friends said, don't go for other exchanges' trash projects.
Isn’t it obvious that they don't want to give chips to other exchanges and want to control the market themselves?
One Binance is enough. Is a small exchange useful?
Will it continue to rise:
I think it’s obvious, because there will definitely be people buying coins to invest in gold mining.
And with a few million market value, isn’t this the next Alpaca?
Now the contract fee rate is positive, what kind of situation will it create?
1. Those who want to buy coins will go for the spot, and there is no selling pressure in the spot market. This is a decisive factor for the meme coin; the spot market drives the rally.
2. Attract short-sellers to short, and short-sellers will definitely want to earn fees if they see the opportunity to short. Having a counterparty is also a decisive factor for the meme coin.