Let's talk about ong and ont.
Recently, these two coins have risen sharply. Ont has a total of 1 billion, 850 million of which have been unlocked, and it is close to full circulation. Ong has a total of 1 billion, and 200 million are in circulation.
Ont has risen more sharply, and ong is driven by ont.
These two coins are domestic coins, but it is very strange that these two coins are hyped up in Korean exchanges. The trading volume of these two coins in Korean exchanges accounts for nearly 70% to 80%.
The coins hyped up in Korean exchanges like to rise and fall sharply. The most classic one is last year's HIFI coin.
HIFi coin rose by 50% every day during that period.
It may be because of the high market value of ont, so there was no surge of more than 50%.
It is difficult to do long or short at this position. I can't see the intention of the dealer. If it does not fall below the moving average, you can go long with a light position, but forget about shorting.
Let's see how this dealer operates this time. I don't know if this dealer will continue to pull up and let go of the long line to catch big fish.