SOON
Circulation 195 million
Current price 0.55
Circulating market value 107 million
This market value is not low; Binance currently has very few spot listings over a hundred million.
Approximate strategy: 0.55 0.6 Enter short position in two batches.
Stop loss set at 0.65 Take profit at 0.4
If you want to be cautious, wait for the last 0.6 to enter; wait for the market FOMO a bit, if there’s a chance, then go for it, if not, then don’t.
(There might also be some people shouting orders randomly; airdrops are gradually dumping. If someone dares to enter now, they are really picking up the airdrop.)
Airdrops are being gradually claimed; it takes a few hours before the dumping will be less.
Don’t take too many positions to prevent uncertainties like Binance opening spot trading.
However, if there is no announcement by six o'clock, it probably won't be listed.
It seems that many exchanges are listing, but in reality, nothing is listed in spot trading; at most, it counts as B network,
There might be considerable FOMO; there are many optimistic people in the market, and you can wait for them to FOMO before going short.
(Set a good stop loss to prevent being caught off guard by positive news.)
Or just be patient and wait until before the Korean market opens to go short.
Some want to pour into the Korean market, but this market won’t be trading.
NXPC doesn’t pick up this market, hoping that this BTC USDT trading pair relies on the Korean market.
Binance only lists BTC, and I haven’t seen you play with USDT trading pairs.