What is G, and why did it fall so much after it went online? At what price can I buy it?

G was replaced by the original GAL, with a ratio of 1:60. On July 19, I introduced it and reminded of the depreciation of G. It fell from 0.6 to 0.52, and short selling has made a profit.

Regarding brand upgrades and token replacements, reducing the number of tokens can increase the value. If it is a one-to-one replacement or an increase in the number of tokens, then there is a high probability that depreciation will occur.

For example, rndr was replaced one-to-one, and then began to fall. fet upgraded its brand, merged agix and ocean into fet, increased the number of tokens, and also fell. The value of the project has not changed, the number of coins has increased, and the price of the coin will also become lower.

So, at what price can I buy G to make a profit?

Before the replacement, the price of GAL was about 2.5 US dollars, which is about 0.4 US dollars divided by 60.

I think it is more appropriate to buy G at 0.41~0.45u, which is also the opening bottom price of Binance spot.

After buying, sell it at around 0.5u to make a profit. It is not recommended to hold it for too long. After all, I only give you a short-term trading opportunity. I am not optimistic about G in the long term. #G $G