Extreme caution when buying #OMNI on its listing day.
The farming ratio per 1 FDUSD is too small (0.00004 per $1 per day) which means my previous prediction of its listing price of $3-$5 based on its token sale price of $1.50 is way too small.
The listing price will be x10 of my initial figures or around $30-$50 per 1 OMNI, which is also the initial listing price on #Aevo platform.
Now if the token sale price was only $1.50 then a listing price of $40 will be too tempting for the token sale participants to dump their stash, which was 20% of the token supply. $40 against their $1.50 capital per OMNI is too easy an ROI, and again the newcomers might end up as victims, similar to $SAGA
So when trading starts, try to wait and monitor the market first before jumping in.
DYOR and monitor also the trend of $BTC to help you decide.
The farming ratio per 1 FDUSD is too small (0.00004 per $1 per day) which means my previous prediction of its listing price of $3-$5 based on its token sale price of $1.50 is way too small.
The listing price will be x10 of my initial figures or around $30-$50 per 1 OMNI, which is also the initial listing price on #Aevo platform.
Now if the token sale price was only $1.50 then a listing price of $40 will be too tempting for the token sale participants to dump their stash, which was 20% of the token supply. $40 against their $1.50 capital per OMNI is too easy an ROI, and again the newcomers might end up as victims, similar to $SAGA
So when trading starts, try to wait and monitor the market first before jumping in.
DYOR and monitor also the trend of $BTC to help you decide.
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OMNI
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