This year, Binance launched some exciting new projects, such as ZRO, LISTA, ZK, IO, NOT, BB, REZ, OMNI, TAO and SAGA. These currencies generally have low liquidity and can be used as rare minerals for display, and high fully diluted valuation (FDV) is as high as the stars in the sky. The circulation rate is usually between 10% and 25%. The only "outlier" is MEME coin NOT.
These new coins usually have a wave of gains in the early stage of listing, probably to attract a wave of leeks chasing the rise. However, after this craze, most of the currencies will embark on a long road of decline, and the lows will continue to refresh the lower limit. With the progress of the later unlocking, the circulation volume increased, the coin price fell all the way, but the market value increased miraculously. This situation requires a steady stream of takeovers to support the market, which is really a good business for "everyone to get rich".
Based on past "successful" experiences, I would like to give you some "precious" suggestions: 1. If you get an airdrop, sell it as soon as possible. Don't expect the dealer to have a bigger picture. You can make a lot of money. Don't dream. 2. Even if the project itself has potential, don't rush to jump in when it is just launched. Wait for the project to be polished in the market for a period of time, and the circulation rate reaches more than 70%, and then consider whether to get on board. At that time, the market may be more stable.
In summary, facing these newly launched projects, investors should maintain "smart caution", don't be confused by the initial price increase, and be patient to wait for a more reasonable investment opportunity. Through "deliberate consideration" and "rational judgment", you can better grasp those "wonderful" investment opportunities. Of course, the most important thing is to minimize your risks.#CryptoMeme#BlockchainHumor#ICOMemes#IDOJokes#CryptoLaughs
