🚂 Today I'm buying some more goods, guys $BOME $ARB $1000SAT $PYTH $AVAIL

👀 This item $VANA just launched on Binance Launchpool and is quite similar to item $ME that was listed a week ago. Guys, try to hold back on the FOMO, or you'll end up hearing the baby shark song du du du du.

👉 Initially, the listing price will drop a bit due to the selling pressure from the airdrop guys after the project pushes it up to FOMO those who are hunting for newly listed items and also to allow the project to sell off the tokens they received. And when you see the price increase, you become more eager, thinking that at this moment the price might keep rising, so you buy in. But when the project pushes it up a bit and then sells, combined with the selling pressure from the airdrop and launchpool guys, it will cause the token price to drop. When the project sells off and takes the money back, the only thing left to do is wait for the price to drop, then use the money collected to buy back tokens at a lower price before pushing it up again. The duration of this process depends on the FOMO level of you guys and the loss-bearing capacity of everyone later, as well as the market context.

👉 There are also cases where newly listed projects have few buyers and the airdrop team sells off aggressively; the project will hold back and push it up again before selling later, but this is very rare. Are you willing to take the risk when altcoins out there have dropped significantly before and are currently only at 2x-3x from the bottom? As for newly listed coins during this FOMO period, who knows where the bottom is, so if you decide to try your luck, make sure to know when to stop and allocate your capital wisely.
$VANA

$ME