In the pre-market trading market of Binance, there are some interesting phenomena in the price of SCR. Since each account is limited to 2,500 SCR, which limits the purchasing power of retail investors, while large mining households can sell without restrictions, the pre-market price is much lower than the over-the-counter price ($1.65), opening at $1.95, while the current price is $1.2. At the lowest price, some people even bought SCR at $0.28, which means that you can buy a popular L2 project with a valuation of $1.8 billion at a fully diluted valuation (FDV) of $280 million, which is very rare in a bull market.
This purchase limit strategy has indeed successfully suppressed the FOMO sentiment at the opening, so that investors' losses are limited to a certain range. However, the purchase limit of 2,500 per account does seem a bit low and may need to be appropriately increased.
As for the price trend of the currency after the official opening, it will depend on the game between market makers, airdrop army and retail investors. In the pre-market stage, some people have made a certain profit through band operations. For example, through two swing operations, someone made $800 with $2,000, which is equivalent to the money for a hearty pork trotter meal.
In general, Binance's pre-market trading market provides investors with a unique trading opportunity, but it also requires investors to have certain market analysis and risk control capabilities. After the official opening, the trend of the currency price will be more complicated, and investors need to pay close attention to market dynamics and project progress.
