$BILL currently has a market cap of $500M with extremely high trading volume and up 300% from bottom
The current circulating supply of BILL is mainly held by the team, while those holding Airdrops have staked it.
With a market cap of $500M, BILL is extremely large in an undervalued altcoin market like this, so buying in is very risky.
The time it will take for those staking to receive their BILL is also very long, so there's no reason for them to cause the price to crash prematurely.
They will liquidate all short positions before letting the price crash. Honestly, you should only learn from this case and look for coins with similar scenarios.
You may say I'm crazy, but this is my plan for ZEC.
The ZEC/USDT chart has liquidated all short positions. The ZEC/BTC chart is hitting a very strong resistance area and is difficult to break through.
Currently, I see that many people have bought ZEC at $200-300. I don't believe the market maker will push the price up right now. I think they will need it to collapse back to around $160-170 before a strong increase to eliminate those holding ZEC.
In the long term, I believe ZEC is still a great project. If BTC is the king of crypto, then ZEC is the king of privacy.
And I would never short ZEC; I am only waiting for an opportunity to buy. #TrumpVisitsChina #zec
Be careful with $HYPE and remember that Arthur is one of the biggest KOLs in Crypto. It's quite normal for him to team up with $HYPE's team to manipulate the market.
ARTHUR has publicly bought a lot of HYPE at the $30-35 price range
His goal is for HYPE to reach $150, but keep in mind that if everyone is waiting to sell at this price, it will usually be very difficult to achieve
🔥 $LAB officially doubled after the FUD from @ZachXBT
But the jump from $5 to $7 followed by this sharp drop sent quite a few long/short traders to the beach.
It's best to stay away from futures, guys.
Ghost Writer
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هابط
Sell all your $LAB now
The same founders launched $ESE just one year earlier, and that chart speaks for itself. Abandoning your project that quickly just to launch the next value extraction cycle is not necessarily what I’d consider founder behavior worth betting on.
I was stupid enough to write an angel ticket into that previous project, and even there investors got screwed over: vesting terms were changed right before TGE, and there were last-minute refunds so they could maximize the low-float high-FDV ponzi playbook.
I have zero doubts that $LAB is a giga scam in the making. Hope at least a few people read this and take profit before it’s too late and they massively get burnt.
My short is currently under -133% loss now but I belive LAB will go back to 0 because they didn't even did the hustle of changing the colors in the logo 🤡
The same founders launched $ESE just one year earlier, and that chart speaks for itself. Abandoning your project that quickly just to launch the next value extraction cycle is not necessarily what I’d consider founder behavior worth betting on.
I was stupid enough to write an angel ticket into that previous project, and even there investors got screwed over: vesting terms were changed right before TGE, and there were last-minute refunds so they could maximize the low-float high-FDV ponzi playbook.
I have zero doubts that $LAB is a giga scam in the making. Hope at least a few people read this and take profit before it’s too late and they massively get burnt.
My short is currently under -133% loss now but I belive LAB will go back to 0 because they didn't even did the hustle of changing the colors in the logo 🤡
The current cash flow is concentrated in the BNB Chain. Let's focus on some coins on the BNB Chain:
$LAB , $FOREST , $SIREN, and $SKYAI were all coins that were little talked about a few months ago, but this week they've pumped heavily.
I think it's best to trade coins with a market cap of around $40M - $60M, as this is a moderate level.
If a project has a very low market cap , many people will buy it, making it difficult for the coin's team to push the price up.
If the project's market cap is too high, it's also very risky, so choose projects with a market cap of around $40M - $60M #IranDealHormuzOpen #TrendingTopic