$CETUS $COW Let's analyze the two new coins launched yesterday, Cow and Cetus. From the trend after the opening, it is clear that the main force is operating Cow, which has more momentum. It is highly likely that this is because most people have not heard of this coin, so the vast majority do not hold any tokens, making it easy to drive up.
The most frustrating one is Cetus. There seems to be an inexplicable increase in tokens, and it has been listed on OKEx for quite some time. Various platforms show a market cap of less than 100 million, but BN shows nearly 200 million, and I don’t know where that extra came from. Who are they trying to get to buy in? Moreover, due to the recent strong bottom of Sui, it has already increased several times, so retail investors hold more tokens and profit-taking, making it obviously weaker.
It can also be seen that both of these newly launched coins are low market cap tokens, unlike before when launching on BN was the last opportunity. Does this mean that in the future, all low market cap openings can be bought?