Reviewing $Bulla and $IDOL:

1. First of all, I anticipated that both projects would list on Binance contracts, but I didn't expect them to do so simultaneously. The reason $Bulla was listed is that after going on Alpha, it washed out to around a $50 million market cap before starting to rise. It has been steadily increasing, and the price control is quite good. The purpose of controlling the coin price is to get onto the contracts, and the goal of going on contracts is to offload. Without being on Binance contracts, it is very difficult to offload on Alpha and on-chain. Additionally, the presale was to create hype and set the stage, which comes at the cost of giving free chips to presale participants. Moreover, real money is needed to raise the coin price, making it very hard to offload during this period. After going on Alpha, the lowest coin price washed out to about $50-60 million, and then it started to rise, but I didn’t get in on the spot; I felt the odds weren't very high, but the spot price doubled;

2. Regarding $Bulla going on contracts, with a market cap of about $120 million, there was almost no buying pressure in the market, and the whales stopped pushing the price because the cost of doing so was too high. The spot from Alpha/other exchanges + Binance contracts was enough to complete the offloading actions, with offloading happening alongside shorting. The market control was quite good, and I estimate this round of offloading should allow for breaking even. With contracts on Binance, it’s like having a golden shovel; just nurture the retail investors a bit more to offload another wave, truly exciting!

3. About $IDOL, I had my small group layout positions because Yzilabs invested, and CZ from Binance retweeted it. It was quite easy to get on the last contract. I bought a bit of spot at around 14-15, but surprisingly, there are not many projects with such a low market cap going on contracts. The FDV is only $60 million, and the MC is only $12 million. After going on contracts, it actually dropped, indicating that both the main players and retail investors were offloading. The whales did not explode short positions, and they did not push the price; I’ll just wait for a second wave, and I haven't sold my spot yet;

So, do you all see it? Is there a standard for listing on Binance contracts and Alpha? Actually, there is! The standard for listing is: hype + relationships. If you are a real relative, I can list you. No wonder they all say state-owned enterprise blockchain!

My own operation: short, made several waves, gained a little, the wave flew, the amplitude of $Bulla is quite large; to eat big profits, you still need small leverage, large funds, and a bit more margin! #美国加征关税 #非农就业数据来袭