After the listing of Hamster Combat coin on Binance today, it started to fall below the subscription price, then it returned
It went up quickly for a few minutes and then gradually descended.
To the price level of 0.00701, which leads us to ask why the currency behaves in this manner?
We must know that the one who controls the currency is the speculative community, especially when it is listed. There are huge bots on the platforms that seize the currency as soon as it is released.
At the lowest price level and then sell it at the highest price
These operations are done quickly in Raydium through sniper bots and EVM, which makes the price volatile for a while.
Then the currency begins to decline after making profits, and after the currency price level stabilizes, purchasing power begins to enter the currency, and the currency enters a period of accumulation, falling and rising, collecting different purchase requests at different price levels, and also expelling hands.
Shivering and expelling the rest of the AirDrop
As for my opinion on the currency, it will rise in the market, but
It is not a matter of urgency on your part, but it is subject to the purchasing power of the currency. The more purchasing, the higher the currency. $HMSTR