Dolo has been listed on Binance.
Just reached 0.304, then dropped to 0.28
Once again, being one step ahead leads to trouble.
The logic behind listing Dolo is due to the concept of usd1, the founder of Dolo is the CTO of usd1, with a low market cap. When Binance listed it along with wlfi, what does it mean? Think for yourself.
Being listed on Binance is already a positive signal; many times the drop is due to holding too much of the airdrop, but this airdrop is only 4M, and low selling pressure indicates potential for a price increase.
Didn’t expect it to almost drop back to the announcement price.
I estimate many people think that being listed on Binance will definitely cause a drop; they dare to short just because it's a coin.
Abbreviation: One step ahead leads to trouble.
Next time, I will definitely wait until the opponent's position is full before getting in; I can't be too anxious.