💥 TOURNAMENT TODAY - PERSONAL PERSPECTIVE

IR has run out x4 but the volume of the last slot still increased by 15.2k real vol. It seems the tournament is still very tense even with yesterday's price of 650 IR tokens hovering around 48U, and the important thing is the vol is only x1

🔑Calculate if there are no new tournaments. Then just follow the volume of the lowest participant, by the end date it must be 2M8 vol and MUST NOT be x4. 1 prize is too much of a loss.

☀️Assessment:

1️⃣ It seems many people are still in a mindset of chasing IR trades, so the volume is still increasing quite a lot, perhaps regretting the prize but not realizing that there are still 8 or 9 days left and with the chasing volume, the cost of chasing will far exceed the rewards received.

2️⃣ One reason is that other tournaments have quite low liquidity which makes it difficult for participants to focus on the competition.

3️⃣ Additionally, the collapse of Lisa and Timi is a significant issue causing many people to be unclear about what to trade to meet the daily volume, thus they reluctantly continue to increase IR volume.

✨ Personal opinions may not be correct. What do you think? I am still lacking so you can contribute your thoughts for better understanding.

#binance $H $FOGO $RIVER