Peak at the opening
The opening price was $0.062 and the private placement price was only $0.0075, which was a 72-fold increase! But it was cut in half to $0.03 in 5 minutes, which was obviously due to the dealer raising the price to sell. The exchange gave away 1,250 airdrop coins for free, and everyone was crazy about dumping the market. As a result, the trading volume plummeted from 430 million to 47 million, and no one took the orders.
There are only 1 billion coins in circulation, claiming to be 1.7 billion. The dealers used 400 million coins to make profits at 0.03-0.04 USD, creating a fake market. The private transaction price over the counter fell from 0.028 to 0.03, indicating that the big players had already fled.
How big is the bubble?
Based on locked funds, Huma is valued at $6.2 billion, twice as expensive as the industry leader MakerDAO! But its actual revenue is less than a fraction of its valuation. There are still 200 million coins to be unlocked in August, so it will fall again by then.
A Survival Guide to Preventing Leek Cutting
You can bet on a rebound at 0.025-0.03 USD, but run away if it falls below 0.02
Buy $0.02 put insurance (spend a small amount of money to prevent zero)
Wait until the August crash is over, don’t touch it now!
This project is just trying to make money by taking advantage of the RWA hotspot. The opening price increase is all a trick. Remember that on the first day of the new coin listing, the slowest ones will pay the bill! Brothers who are trapped should pay attention to the daily market maker trend analysis to teach you how to identify the tricks of air coins.
I am the Dragon King, follow me, the top team supports me, and I only serve ambitious lunatics
