Brother, will usual experience a big drop when the market opens or closes?

Quite interesting, Binance will launch $1000CAT on December 17, 2024, at 17:00 (UTC+8) and $PENGU at 22:00; it will delist USUAL pre-market trading at 17:00 on December 17 and will launch USUAL at 19:00 on December 18. So there will definitely be a fierce competition between tonight and tomorrow morning.

Last night, $Vana woke up to see that all the orders on Binance at 30-35 were sold off as expected. Thanks to Binance for the big profit; the predictions were all correct.

However, the secondary competition is indeed fierce. Up to now, the spot and contract price difference for $VANA is still over 2 yuan, and the contract interest rate is still the highest in the market at -2%, with a daily rate of -12%. To be honest, participating at this moment is quite risky; it’s a battleground between the project parties and the big whales. Retail investors should avoid getting caught in the crossfire.

Additionally, tonight there will be a triple launch of $Cat $Usual $Pengu, and competing for liquidity is inevitable. Without discussing who will win, the probability of new coins losing is likely higher. Let’s see if tonight proves this.