$OPEN New coin mass listing! Selling pressure is being digested, do you dare to enter?💥
From the market perspective, it is currently in a one-sided downtrend (support continuously turning into resistance), and most new coins will go through a period of oscillation. After successfully breaking through this range, it presents a second opportunity to buy.
If we compare similar projects horizontally, $TAO should be a good reference object. Both belong to the AI infrastructure sector, and based on the current market capitalization comparison, the market cap of TAO is about 13 times that of OPEN.
As for the recent behavior of OPEN in this cluster listing, it at least shows that the team is capable. Currently, the hot trend in listings still has expectations for Upbit.
Sister Min will continue to pay attention to the market changes, waiting for a breakout after the price enters the oscillation range, and consideration can be given to a second entry. If there are any actions, Sister Min will notify fans immediately on the luxury skirt💪