grass Research
Launch time: 10.28 at 10 PM
Current price: 0.82
After listing, dropped from 1.1U to 0.82
The reason is that the circulation was initially stated to be 100 million (only counting airdrop shares)
Token economics shows initial circulation of 250 million
Benchmark data selected three targets: IO, SCR, PUFFER
Selected IO from the same sector (listed on Binance)
Recently listed new coin SCR on Binance
Recent new coin PUFFER not listed on Binance (invested but not listed on Binance)
GRASS (not invested by Binance, not listed on Binance)
Who will take over the 100 million tokens airdropped that are not listed on Binance?
Even if listed on Binance, SCR's current market value is only 150 million.
Personal suggestion:
Divide into three positions
0.82 pre-market short position
Look for a position to short one position at the opening
Keep one position for defense (due to reasons like futures trading on Binance, spot trading is definitely not possible)
