New Coin Analysis——#LYN , another AI project that I feel is very similar to Coai's strategy. It launched and immediately dropped smoothly to the bottom, but looking at the chips on its chain, it has high control without a doubt.
For this kind of coin and this type of concept, based on my experience with Coai, if you wait on the chain before the opening, you definitely won't get any profit; by the time you want to sell, it will have already dropped. If you can't short near the opening price after the contract launches, then just wait for a stable drop before going long.
The opening low was 0.25, with a market cap of over 80 million. Now the short-term AI concept coin Goai is rising, and it probably won't drop too much, but looking at the market cap, the selling pressure hasn't ended yet. I'm waiting to go long around 0.33, adding a bit at 0.28, and cutting losses if it breaks below 0.25.