Today’s airdrop situation for $TMX is basically out. I ultimately don’t plan to “hold the line”:
1. The main reason is the valuation is too high: the project team’s pool price is 0.06u, but it’s been pumped to 0.2u before the market opens. Compared with lending giant Aave, TMX’s valuation has a bubble.
2. With a bubble, this time the community airdrop only issued 10%. I heard that big holders were required to stake for 3 months, so it’s likely the project team will run first. If the project team wants to run, then who will prop up the price?
3. Also, the project team seems pretty broke: the funding amount isn’t high; even the KOL marketing is done with TMX; they issued 10% community airdrops, and there are still people shouting about getting reverse-rugged; and the witch rules are unclear—I suspect there may be insider positions.
It should still go up on Binance perps, but after the project team runs, I doubt it can even exceed 0.2u. So based on the overall judgment: if it opens above 0.15, I’ll bail—selling into strength is guaranteed profit.
Of course, wishing the brothers who choose to hold the line get rich too! (Basic info attached: today 18:00, threshold 225 points, 200 coins per person on average, and the current pre-market value is 38u.)
1. The main reason is the valuation is too high: the project team’s pool price is 0.06u, but it’s been pumped to 0.2u before the market opens. Compared with lending giant Aave, TMX’s valuation has a bubble.
2. With a bubble, this time the community airdrop only issued 10%. I heard that big holders were required to stake for 3 months, so it’s likely the project team will run first. If the project team wants to run, then who will prop up the price?
3. Also, the project team seems pretty broke: the funding amount isn’t high; even the KOL marketing is done with TMX; they issued 10% community airdrops, and there are still people shouting about getting reverse-rugged; and the witch rules are unclear—I suspect there may be insider positions.
It should still go up on Binance perps, but after the project team runs, I doubt it can even exceed 0.2u. So based on the overall judgment: if it opens above 0.15, I’ll bail—selling into strength is guaranteed profit.
Of course, wishing the brothers who choose to hold the line get rich too! (Basic info attached: today 18:00, threshold 225 points, 200 coins per person on average, and the current pre-market value is 38u.)