$Bigtime didn’t understand it yesterday, and I didn’t expect that OK would use this strategy to become the banker. As a result, it missed a lot of opportunities. Let’s review it here.

1. OK will first issue the currency listing announcement in advance, so that those who want to buy coins can deposit U to OK. However, after the currency is listed, trading will only be open to deposits into OK and KYC from non-Asian countries. Those who can recharge into OK are early gold mining players and market makers, especially early gold mining players who recharge into OK. Many people have been trapped for a year and must be selling coins. The market maker has 90 million chips in hand. The opening price is so low, and the circulating market value is only 2 million dollars. He will definitely not sell it, and may even accept low-priced chips from players. It is equivalent to people who buy coins cannot buy, but people who sell coins can sell, it is pure selling. Moreover, the base camp of OK is the Chinese. If the Chinese and Asians cannot buy it, it means that there is basically no buying. Only smart people among gold players will buy some. It doesn't matter if you didn't expect it at this level. OK will also make it clear that it will accept low-priced chips later. That is to only open the recharge interface and close the coin withdrawal interface, which is equivalent to Pixiu only entering but not exiting. As long as there are coins, they have been swallowed. In the early days, if you wanted to buy it, you could only go to Matcha and the chain, but Matcha and the chain were basically out of stock, and the liquidity was very poor. Moreover, there is only a small pool on the chain, and the price is often 10%-50% higher than the CEX price, because the exchange’s coins cannot be mentioned on the chain at all.

2. The main circulation and output control of this currency are actually controlled by the project party. Then this currency can be fully manipulated by the project party and OK, not to mention OK is still an investor. Let’s talk about the reasons here. First of all, the main circulation is 120 million coins in the hands of market makers, and 10 million coins gold mined by retail investors. 90 million of them have been deposited into OK. The only coins in the hands of retail investors are the 10 million coins produced by early players through gold mining every day. Moreover, many of the coins that were recharged in the early stage and sold at low prices should have been taken away by OK and market makers, so more than 90% of the circulating chips are actually in the hands of OK and market makers. Secondly, the project side can control the output of coins by controlling the kyc passing speed. Because only early players who have passed KYC can withdraw coins, new users who entered the FOMO market yesterday are unable to withdraw coins. No matter how many coins you spend, they can only be stored in the game wallet.Then the daily currency output and selling pressure mainly come from the daily output of about 10 million from early players. When the market maker and OK have almost shipped the goods, the short order will be opened as soon as the contract is published, and the leeks who bought the NFT whose price increased several times yesterday will be allowed to pass KYC, and they can sell the currency and sell it. The spot prices were also sold at a high price. After all the leeks were sold, they could still make money on short orders.

3. Finally, let’s talk about valuation. Big Time has raised $21 million in financing alone. Yesterday's opening price was 0.015, MC was over 2 million dollars, and FDV was only 75 million dollars. MC is only 1/10 of the financing amount, and FDV’s valuation is only more than 3 times. So it was okay to brew matcha directly at that time, because it was too underestimated... Yesterday, I saw someone on Twitter saying that accessing Coinbase at 12 o'clock in the middle of the night was specifically for Chinese people. This is a pure conspiracy theory. Because first, many Chinese people don’t actually go to bed at 12 o’clock. Second, CB coins are usually listed at this point. Refer to the screenshot below. The new listing in September is also at 12 o'clock. And looking at the list of investors, Circle invested. Circle and CB wear the same pants, so it makes sense to join CB. In the end, even though $Bigtime has increased more than 10 times, its current MC is less than half of the new big garbage on Binance.