Pricing takes place this evening.
📈 Aspirations amounting to approximately $250 billion are pursuing only $75 billion in available shares.
🎯 The price has been established at $135.
At the same time, five new 2x leveraged $SPCX ETFs are planned to start trading tomorrow, further intensifying an already oversaturated market.
This does not reflect standard price determination.
Instead, it is about identifying demand.
The market is not initially establishing worth and then luring buyers; rather, the high volume of participants is defining the valuation.
When order books dictate the movement, prices align with the line of buyers.
Currently, that line is exceptionally long.
SPCXUSDT
Perp
165.44
-1.78%