The main reason why the price of $CKB surged by 50% today is that Upbit, the largest exchange in South Korea, officially launched Nervos (CKB) trading at 16:00 today. The Upbit listing effect is extremely strong, which can often quickly ignite market enthusiasm, leading to a surge in coin prices.
In addition to the effect of the exchange’s listing, the continued efforts of the Nervos team are also one of the key factors. They have continuously optimized the CKB network over the past year, launched a large number of development tools, and plan to invest more energy in the construction of the Layer2 ecosystem. It is expected that with the development of the ecology, the value of CKB will also increase significantly, which is one of the reasons for the price increase today.
The total number of CKB tokens issued is 44.5 billion, and the project has locked only more than 9 billion. The circulation distribution is highly concentrated. There are 270,000 addresses holding CKB on the chain, and 8 of the top ten addresses participated in the staking activities a few years ago. The consensus is also very strong.
Other projects do nothing after raising money, and some even have founders leaving or team changes. In contrast, CKB is more trustworthy for retail investors.
How should I participate in CKB transactions in the future? Should I go long or short?
This coin has risen so high that everyone must want to short it. It is best not to participate in the transaction of this coin, let alone blindly short it. This coin rose more than 20 times in 5 days in April. Retail investors never know where it will rise. The fee rate has just been -2.75%. There are so many shorts, it is easy to become fuel for the rise! Don’t play if you don’t ambush at a low position in advance
If I really want to gamble, I'll bet on a short position with a low multiple, eat the bodies of the air force and run away, haha
ckb Shiguang thinks that it is almost done. The reason is that referring to the trend characteristics of the coins that were previously listed, they basically surged after the news was released, and continued to rise until they started to fall after being listed. ckb has just been listed, so the previous surge was also pulled up by the Koreans.
Secondly, CKB has a market value of nearly 600 million, and it has increased by almost 70% today. I don’t believe that Koreans dare to take over fearlessly with such a high increase!
The third is that the K-line has just reached the key pressure point
To sum up, Shiguang has already gone short ~ckb Shiguang thinks it's about time, the reason is that referring to the trend characteristics of the coins that were previously listed, they basically surged after the news was released, and kept rising until they started to fall after being listed. CKB has just been listed, so the sharp rise just now was also pulled up by the Koreans.
Secondly, CKB has a market value of nearly 600 million, and it has increased by almost 70% today. I don’t believe that Koreans dare to take over fearlessly with such a high increase!
The third is that the K-line has just reached the key pressure point
In summary, Shiguang has already gone in~
I’ll record the CKB incident. I remember that this happens several times every year. After the UP, the premium is extremely serious, and the contract price skyrocketed. As a result, the coin price was abnormal and irrational in the short term. The prices of each exchange were different. But I forgot which coin it was before, so I didn’t find a case to study. I’ll record CKB as a case for the next time.
The reason is that the UP listing effect has been very strong recently, so CKB also caused fomo pull after it went online, but the premium was as high as more than twice the normal coin price, and Binance closed withdrawals.
The highest price of CKB on Binance is 0.0143, and the highest price of the contract is 0.013. The negative fee rate continues to increase until it reaches 3%, and the price of the currency is still rising.
The highest price on UP was 0.06, and the premium reached 5 times! Then the price continued to fall, and the current price is around 0.02, and the premium has been reduced to one time
The highest price on HTX is 0.0328, the current price is 0.021, and the highest premium is more than 2 times
The highest price on BITGET is 0.037, with a maximum premium of more than 3 times!
