$REI cut in half 🔥🔥🔥🙈！
1. The old name of the rei project was gxchain, which is a public chain project established in 2017.
2. Rei is built on groundbreaking lightweight code that is developer-friendly, compatible with EVM and Ethereum RPC, achieving second-level block confirmation, and can be quickly and directly integrated into the ecosystem.
Binance added REI as a monitoring tag, with REI dropping over 10%. It is a low market cap coin, and a coin with strong manipulation from whales. Both long and short positions are being liquidated. They intentionally pump the price at high points to lure in buyers and dump it at low points to entice short sellers. Whether you are trying to buy the dip or shorting, you are trapped inside. The project team is taking advantage of retail investors, and Xingyu's suggestion is to observe first.
If anyone is confused due to market fluctuations and does not know how to deal with being stuck in a position, or feels misled during their trading process, feel free to reach out for discussion!
