EIGEN has resurfaced as a VC coin. Its characteristics of "high market value but low circulation" are like a boulder, lying quietly in the river of the market, foreshadowing the waves that may be set off in the future.
"High market value but low circulation", this feature means that EIGEN may face heavy selling pressure in the market.
Once a large number of holders choose to sell, its price may be under considerable pressure, which is undoubtedly a factor that needs to be carefully considered for investors seeking long-term stable value-added.
After all, in a market with limited liquidity, price volatility is often more intense, and the difficulty of long-term holding increases accordingly.
The control problem that VC coins generally face has exacerbated this challenge.
Under the strong control of the capital team, the high concentration of chips makes the price trend easy to manipulate, which undoubtedly increases the investment risk of ordinary investors.
Historical experience tells us that many VC coins launched by BN before, although the prices fluctuated violently due to the high market enthusiasm when they were first launched, in the long run, their trends were mostly unsatisfactory, either dull or continuously declining.
But this does not mean that EIGEN has no possibility of rising.
In fact, as it is launched on multiple exchanges, its market attention is constantly increasing.
It is particularly noteworthy that EIGEN has not yet been launched on Korean exchanges.
As we all know, the Korean market has been enthusiastic about cryptocurrencies, and many currencies have experienced a sharp rise in price when they first landed in the Korean market.
The launch of EIGEN on the Korean exchange is undoubtedly a potential positive factor worth looking forward to.
So how to find opportunities in such a market? Perhaps, buying low and selling high in the short term is a good choice.
By flexibly grasping the market rhythm and using price fluctuations to earn the difference, investment risks can be reduced to a certain extent and profits can be obtained.
In the face of the next violent bull market, I plan to ambush some tokens that are ready to explode, and also find some potential coins to get to the end of the year. Friends who like spot 👉 click on the avatar to follow me, and update the best information and spot contract strategy sharing in real time every day!
