8.28 Market Overview: $TREE TREE Listed on Upbit in South Korea, Instant Doubling to #Treehouse
This morning, South Korea's leading exchange Upbit announced the listing of TREE, instantly igniting the enthusiasm of retail investors. Retailers bought in, and the whales pulled the price from 0.3 to 0.58, nearly doubling it; however, the rewards from the TREE spot trading competition held a few days ago had already been sold, otherwise, it would have also doubled and resulted in significant losses; there are also accounts where Binance mistakenly issued hundreds of thousands of TREE, making some instant millionaires, and in the end, they all demanded full refunds...
After TREE doubled, it started to pull back. The project parties feel that bringing it back to 1 dollar is just a matter of time; for the current market situation, we should mainly observe and wait for the market to stabilize before we strategize for entry. Otherwise, we would just be fueling the bulls as bears; @Treehouse Official in the crypto space is not about placing orders every day; it's about preserving the principal to qualify for the next participation. It's not about who has more assets, but who can endure longer.
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