$USUAL Binance's coin, will you buy it?
Let’s do some math: after the opening, if a whale enters with a conservative 10 million USD, ten whales would mean 100 million USD.
Currently, the market maker holds around 150 million USD, with the remaining chips in the hands of some diamond hands and swing traders. Why do I say this? Just look at the pressure orders on the market; every time at a key point, someone is intentionally suppressing the market, with hundreds of thousands for each order. No one has more than one account with 40,000 coins; retail investors wouldn't uniformly place so many orders at one position. This indicates that the market maker has a high level of control.
After the opening, there will be some airdrop chips flowing into the market, expected to be at most one-third. Most of those who can receive this coin via airdrop at the current price will not sell.
With the opening approaching, the entry of whales and big players will continue to push the coin’s price up. A lower price means picking up chips, after all, in the same sector, coins with worse performance are already valued in the tens of billions.
A grand feast is about to arrive, and this time it belongs to Binance! Don’t pay attention to those in the square who keep changing their stance; in a bull market, it’s all about buying, buying, buying!
Previously, I thought about liquidating at one dollar, but after these two days of market cleansing, I have realized the market maker's ambition. Anyway, after liquidating, I will buy other coins. It’s well known that new coins are better than old ones. It’s better to just buy the usual ones; after all, it’s the next Luna.
In this market, the only ones who will make money in the end are the steadfast holders. The volatility of digital currencies is inherently large, and it’s difficult to keep selling high and buying low in swings. If the result is good, then hold firmly and aim for tenfold or hundredfold returns.