$EIGEN is a typical low float high fdv, so after finishing the list, I shorted it right away. The reasons are simple:
1. FDV is too high compared to top stocks like Lido, L2,...
2. Although the circulating supply is really small, the price can be easily manipulated and pushed. However, there is no reason for the team to push at this time.
In short, RR short is still much better, if you short it and it goes wrong, you can still get back to shore, but if you go long, it's a matter of luck 😃 Eigen will at least go back to $2.7