In this world, no one's words can be trusted; the only one you can trust is yourself.

The Alon who once angrily criticized the presale for VC has now taken the reins of the King PUMP presale.

The dragon-slaying youth has finally become the evil dragon; truly, no one can resist greed.

The team is very cunning, with an initial circulating market value of 1.4 billion. This price is neither high nor low, provoking everyone’s speculative psychology.

It makes everyone hold onto the idea of losing 20% downward while having a potential profit space of 50%-100% upward.

Additionally, the airdrop portion has yet to be announced. If the airdrop shares are included in circulation, the estimate will be around 2 billion.

Binance has also been quite wise this time, starting pre-contracts before the presale.

This way, large participants who want to join can short-sell for arbitrage before participating in the presale.

However, the presale is in an over-raising form, and it's uncertain how many chips can ultimately be obtained, so short-selling arbitrage cannot be done in proportion.

Moreover, one must consider the issue of continuous multi-day rates when short-selling, so this meal isn't easy to digest.

Also, those who say the market value is undervalued based on PE should save their breath; what's the point of calculating PE for a non-full circulation coin?

Furthermore, the rise of BONK has changed everything; if PUMP does not aggressively buy back, it will be difficult to reverse the situation in the future.

In summary: the space is limited, and the certainty of profits and losses is too low.

The best option is: choose to watch the show.