๐ญ Post-$ALLO Reflections โ Letโs Talk Strategy
Man, yesterdayโs ALLO move caught a lot of people off guard. So letโs break this down with some simple logic and lessons for the next drop.
1๏ธโฃ Will the new coin pump?
It really comes down to just two things:
โ Can the team push it up? (Thatโs all about how many tokens they control.)
โ Do they want to push it up? (Thatโs all about their motive.)
Take $JCT as an example โ even though it wasnโt a solid project, only 1% of its supply went to Alpha airdrops, and the rest stayed with the team. With that much control, they could easily move the price.
Now compare that to $ALLO โ 7.5% of tokens were out in the wild, and the market cap opened over $1B. Thatโs way too heavy for the team to lift even if they wanted to.
2๏ธโฃ Watch out for projects using KOL hype before listing.
When a team starts paying influencers before the coin hits the market, itโs usually not marketing โ itโs exit strategy. Think about it: if they really wanted to make noise, they could just pump the price directly. A rising chart is the best advertisement there is.
3๏ธโฃ For those stuck holding $ALLO:
If you canโt sell it on Alpha, thatโs because trading has already moved to the spot market. Binance shut off the Alpha order book, so just switch over to spot and youโll be able to sell there.
Keep this in mind next time โ the real alpha isnโt just grabbing the drop; itโs knowing when the teamโs playing the market and when theyโre letting it play them. ๐
#BinanceHODLerALLO #ProjectCrypto #CryptoScamSurge