#binance.com How to redeem new projects#
Standard simple trading formula is given
"When the market opens, wait for the selling pressure to sell, buy when the price stops falling and breaks through (red circle), and retreat when it falls below (green line)"
Attached is the new notes for the new issue
Positioning: Cross-chain gaming platform (based on LayerZero)
Highlights: Traditional game industry executive consultant, basic operating data
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Whether to rush or not at the opening depends on the chip structure, the initial circulation is 16.71%
-Play 5% in new pool
-Private placement 2.8%
-Team and Consultants 0.8%
-Treasury 1.8%
-Public offering 1.65%
-Community incentive 0.77%+2%
-Market Making 2%
New sales, private equity and community incentives are the three parts with the greatest selling pressure. If you don’t go crazy at the opening, don’t rush to chase highs and wait patiently for the selling pressure to digest.
Based on the high ceiling of the platform type + the current market conditions are not bad, a breakthrough should be possible after a consolidation platform is formed at the opening (unlocking will accelerate after June, pay attention to whether growth can withstand inflation)
Equity empowerment of platform tokens is the main bullish expectation point
Official recommendation @portalcoin
You should have seen the official activities. New users can get #Portal rewards by registering for any transaction. Recently, new projects will be supported by this marketing activity. There is no need to worry about normal business behavior.
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