$WET Is it mostly a pump?
This coin cannot be assessed through Binance offline; it needs to be viewed on O-line. You can't rely on fundamentals. You need to guess the logic and current situation of the market makers!!
It is the leading DEX on Solana, with the third-highest trading volume across all chains.
Although there are no airdrops, the team allocation and distribution of chips are relatively scattered. But,
Why is it first? Why are O's contracts and spot trading listed on Binance contracts??
Because the project wants to seize the entire wave. It will continue to be listed on Binance's spot trading and Korean exchanges. So the probability of a price surge later is very high.
But not now.
Think about it, this coin has already aimed for a fivefold increase. The chips are scattered. And now it comes back to O's spot trading.
So, if you are a small mainstream investor or a retail trader who got the coins, would you sell after a fivefold increase??
The early sellers profit. The later sellers lose.
So if you are the market maker, even if you plan to pump later, the majority of market trends are bullish,
There is no selling pressure above to support your pump, while below there is only liquidity.
Can you actively short? Acquire the lower chips. Drive down the price. Then re-enter at a lower price after the high price.
Follow the trend. Go for Binance's spot trading (which is difficult to enter) and Korean exchanges. Then sell off.
Isn't this the thought process?
So, short, and then go long around 0.2
