🔥🔥🔥 Is something big coming???
Binance is about to launch two new spot currencies: $PROVE and $TOWNS
Personally, I am more optimistic about $TOWNS , on one hand, it has strong institutional backing, and on the other hand, the financing amount has reached 39 million USD, making its fundamentals relatively solid.
But how to operate when new coins are launched? Long-time followers know that Sister Hui has mentioned this many times:
Most new coins are launched with a rhythm of 'first pulling up to attract attention, then crashing to dump', and the reasons are simply two points—airdrop release + market maker dumping. Moreover, given the current serious capital outflow on Binance, it’s not easy for new coins to sustain an upward trend.
Therefore, in the short term, I do not recommend heavily investing in spot. If the launched products are contracts, it may be better to consider shorting at high positions and wait for the market sentiment to return to rationality and prices to stabilize before gradually building positions in spot, which will have a higher win rate.
The market changes every day, so timing is crucial; if you still feel confused, you can pay attention to @Crypto惠姐 , where I regularly share some cutting-edge information and practical strategies. Feel free to discuss anytime, and let’s seize big opportunities together for great results!
