Update the GRVT pool range and sniper price
1. Look at figures 1 and 2. The project team only added a 250K USDT pool. Previously, most projects used 500K. There was also a case where CAP was added to 300K.
2. If they don’t modify the pool further, this pool is too small. Just targeting a $200K trade, the price will reach 0.365. Then buying another $100K will push it to 0.5. With such a thin pool, price volatility will definitely be very high.
3. As for the cross-chain to BSC, there’s also 3.7m whose purpose is still unclear. If they truly give alpha 0.3% but only give OKX spot 0.8%, then the alpha doesn’t seem to have much “status,” which is hard to justify. Maybe something bigger is coming later. Less allocated, smaller pool—seems a bit special.
4. Figure 3: the initial airdrop released is 74m. If we calculate using the pre-trade price of 0.35, that implies sell pressure of $20 million. Unless the project team is pocketing most of it themselves, really knocking it down would be unlikely.
5. On ERC, besides OK, Bybit and Bitget have also been allocated.
Get ready for intense volatility.
https://x.com/aLiiDeez/status/2081953035597857209
1. Look at figures 1 and 2. The project team only added a 250K USDT pool. Previously, most projects used 500K. There was also a case where CAP was added to 300K.
2. If they don’t modify the pool further, this pool is too small. Just targeting a $200K trade, the price will reach 0.365. Then buying another $100K will push it to 0.5. With such a thin pool, price volatility will definitely be very high.
3. As for the cross-chain to BSC, there’s also 3.7m whose purpose is still unclear. If they truly give alpha 0.3% but only give OKX spot 0.8%, then the alpha doesn’t seem to have much “status,” which is hard to justify. Maybe something bigger is coming later. Less allocated, smaller pool—seems a bit special.
4. Figure 3: the initial airdrop released is 74m. If we calculate using the pre-trade price of 0.35, that implies sell pressure of $20 million. Unless the project team is pocketing most of it themselves, really knocking it down would be unlikely.
5. On ERC, besides OK, Bybit and Bitget have also been allocated.
Get ready for intense volatility.
https://x.com/aLiiDeez/status/2081953035597857209