Analysis of the new coin EIGEN, let's talk about its price trend and the reasons for its rise: If you have any questions, please find me on my homepage!
EIGEN is a leader in the staking track, and the project has a good prospect. But for our secondary market investors, they may be more concerned about the token price rather than the value of the project itself.
EIGEN, as a BN VC coin, is launched again, and it is still the same as before, "high market value but low circulation", which means that there will be a lot of selling pressure in the future, and it is not easy to hold it for a long time.
And there is another problem with VC coins, that is, the control is too serious, most of the chips are in the hands of the capital team, and the price is easy to be manipulated by them.
Look at the VC coins that BN has launched before, most of them have a bad long-term trend, either flat or falling all the time, only when the price fluctuates greatly when it is just launched, the price is easy to rise.
So, for this kind of VC coin, we can buy low and sell high in the short term to make some difference, but don't think about long-term investment.
Is there any possibility that EIGEN will rise? Of course.
One reason is contract trading. EIGEN is only available in spot now. If it is listed on contracts in the future, the price may rise due to speculation.
Another reason is the Korean exchange. EIGEN is now listed on many exchanges, but not on the Korean exchange.
In the past, many currencies rose sharply when they were listed on the Korean exchange for the first time because Koreans were very enthusiastic about speculating on currencies. So, we have to pay attention to this.
At present, I have locked in a potential dark horse coin that is about to soar. Doubling is just an easy jump! The bigger goal is to carefully select a batch of potential coins that are expected to explode before the end of the year. I will announce the specific big moves inside. Click the avatar to follow me and share directly!
