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I would like to talk about how top degens behave when listing different projects.

In this post I will share my strategy, so read carefully ๐Ÿ‘‡

โ†ณ Supply & Sell pressure

The supply of @MagicNewton tokens is 1B, which is a perfect amount considering the competition.

Since Newton currently occupies the honorable 1st place in the KAITO leaderboard and has 12% mindshare, it is unlikely that anyone will want to dump the token on the first day.

โ†ณ My strategy and risk management

I am not going to sell all the tokens I receive from the project for at least 1-2 days, maximum 20-30% at a high price in order to reduce risks.

Most often, degens sell half of their tokens and leave the other half on hold for a possible โ€œto the moonโ€ scenario.

โ†ณ Analysis of past listings from Kaito projects:

Many Kaito projects came out with positive expectations, and reality justified itself.

In the first weeks, if the token falls, it is quickly bought back.

Examples: Wayfinder, INIT, DeFi App, Loudio

It is also worth considering that Magic Newton has an experienced market maker who will most likely pump the token.

And the team and investors have no upcoming unlocking dates.

Magic Newton listing on Binance - full green flag