New pre-market trading in this issue, there are a lot of buy orders for the new coin RED, and almost no sell orders. Here is my analysis!
1: New coins have rarely been good from the beginning to the end. It's already a blessing if they don't cut the leeks. Everyone should avoid going all in and recklessly following the crowd!
2: If RED is above 1U, it’s not worth buying too much. Below 1U, you can buy a small amount. Everyone should think carefully; is it possible that everyone thinks about buying at 0.4, 0.6, and selling at 1.2U or even higher?
3: With Ethereum not having emerged from its difficulties, it's best to avoid new coins. Excellent coins were shared in previous articles!
The above does not constitute investment advice!
$red