$IN
This approach is simply admitting that the project team is short on funds and is coming to cut you off.
This method is just like the one used by the “siren” next door—exactly the same, identical technique.
So don’t think that 0.07 is the bottom. If they can issue more shares, don’t fantasize about there being a bottom. If they continue to issue more and keep dumping the price down to 0.03, and the funding rate turns positive by 1—can the long side still hold up?
This kind of platform also doesn’t step in at all, letting these bad actors manipulate the market.
This approach is simply admitting that the project team is short on funds and is coming to cut you off.
This method is just like the one used by the “siren” next door—exactly the same, identical technique.
So don’t think that 0.07 is the bottom. If they can issue more shares, don’t fantasize about there being a bottom. If they continue to issue more and keep dumping the price down to 0.03, and the funding rate turns positive by 1—can the long side still hold up?
This kind of platform also doesn’t step in at all, letting these bad actors manipulate the market.