Oh my god!! $M has completely collapsed, dropping over 38% in a day, and the whale is already preparing to run away. Keep shorting!! Why did I short M? At that time, M had a market value of over 3 billion USD, and the fdv was over 18 billion, which was already close to the market's limits. Although the project team has been organizing activities to let retail investors take over. However, currently, the market does not have that much capital to take over. For this kind of large market value, high-level horizontal consolidation followed by dumping model, you can refer to HiPPO's trend. Once the project team sells off, it leads to a crash-level correction. I think it will continue to decline, reaching 0 at the beginning, and continue to lay out altcoins. Those who want to follow can add me as a friend on Binance!!!
