This wave has surged again, but the risks are still very high.
It was previously mentioned that its fully diluted valuation (FDV) is twice the current market value, and there are still 45% of the tokens that haven't been unlocked, which could lead to a crash at any moment.
In the short term, one can ride the wave of Cosmos' popularity for a swing, but the 0.25 position is very critical. The public chain track is currently very competitive, with a high risk of failure.
Tokens that surge often come with a large amount of token unlocks afterward, so don’t let the “fear of missing out” emotion cloud your judgment. Trading is not about being stubborn; rational operations are necessary for the long term.
It may be better to wait and see, and only take action when the direction is clear; it’s better to miss out than to make a mistake!
