I have been staring at this $EGL1 for a long time, and finally couldn't resist getting in at a very high position. I thought I would be stuck, but instead, I made a profit.
The reasons for buying are:
1. Betting that wlfi will continue to buy coins; the trading volume is very high, and the wlfi trading competition has been in the top two since the second day, which looks promising.
2. Previously, several high-frequency players got in around 10m but all ran away, indicating that it has been pumped, and now it's the turn of the second-tier players to get in.
3. Fourmeme mentions this in their tweets every day.
4. I checked the front-row addresses, and they look very much like they are heavily controlled.
Looking at this trend now, it feels like the bet was right. Most people think it will drop, so I bought; most people think the market cap is high, so I rushed in. The contrarians are at it again.