Why are we shorting zkj? #ZKJ
The recent crash of ZKJ, regardless of any conspiracy, reflects a fatal issue in the cryptocurrency market: 99% of coins have severely inflated market values. If a coin's market value is reasonably priced, it can quickly rebound from a malicious sell-off by a minority group.
However, since ZKJ's last crash, it has not effectively rebounded, which means the market has implicitly accepted the market value pricing after the crash. This is terrifying.
In other words, 99% of coins currently have a real market value that needs to be cut by 80-90%.
When new coins are listed, you must find a point to short them!