Following $DEGEN, smart money is enjoying success, and the current floating profit is 35% (see the picture below)
I followed this smart money to buy $DEGEN two weeks ago and observed that it has been DCA for a while, with an average cost of about 0.025.
It is worth noting that at that time, his $DEGEN position was worth $2M, which was his third largest position, and the profits of the first three positions were amazing, so I believed him!
Looking back, my judgment at the time was correct, and we were not far from the bottom.
=============2024/5/9 Tweet content==============
Good time to buy $DEGEN? Smart money buys $DEGEN heavily
In the past month, it has successively bought $DEGEN. The current position is worth $2.02M, making it the third largest position, second only to $FET and $AIOZ.
Looking back at his top three profitable positions:
1. $FET: 0.86M(+22%)
2. $AIOZ: 1.24M(+144%)
3. $DEGEN: -0.91M(-31%)
The price of $DEGEN has plummeted recently. Is now a good time to buy?
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