On December 17 at 18:00 Beijing time, pre-market trading ended. The next day, on December 18 at 19:00 Beijing time, Binance officially begins trading.
The biggest positive news is that after official trading starts, the purchase limit of 40,000 coins per account will be lifted. Institutions, whales, large funds, and capable small retail investors will truly enter the market.
Regarding everyone's ongoing concern that the official opening will be affected by airdrop sell-offs, I will say it again: the probability of a sell-off is very low, and even if there is a sell-off, the price will not drop too low.
Because after official trading begins, the total airdrop that hasn't entered the market is only 170 million. Assuming 80% flows into the market, that’s 136 million (because based on trading history analysis, those who are optimistic about this project and receive the airdrop will not enter the exchange immediately, but will choose to continue staking for profits). This 136 million, after entering the exchange, will not be immediately sold off if their desired price is not reached. Those who can collect airdrops a few months in advance definitely have higher intelligence than our average small retail investors. Small retail investors all know to wait until it rises to sell at 1U to 10U; wouldn’t those with higher intelligence know the same? Right?
This 136 million, even if half is sold at the opening, would only be 68 million, less than 15% of the circulating supply, and they cannot cause a sell-off or have any harmful effects. This amount is not even enough for one institution or one whale to make a purchase.
Many friends have also commented to me, saying they sold too early, regretted it after the price increased, and now want to buy again, asking if they can still buy in? Haha, it puts me in a bit of an awkward position. I have always been saying not to trade in segments, because many people who do will get left behind. Now I can’t answer easily, because the higher the price, the greater the risk. It's better to decide for yourself; otherwise, when the market makers wash the market and you get scared and sell at a loss, you might push all the blame onto me. Since you asked, I will also give a reference suggestion. If you are really determined to buy, then buy quickly on dips, but your mindset must be very strong.
Congratulations to the brothers who have steadfastly held their coins; enduring the loneliness, what awaits us is the wealth that is about to come. Wishing everyone prosperity!
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