Did it collapse on the second day after listing?!
Just the second day of trading, CP plunged 43%, closing at 0.041.
That’s insanely intense—when a new project lists, the risk is cranked all the way up. In a single day, half your net worth is gone. I wonder how many friends who chased the price got trapped at the top.
Cluster Protocol itself is a blockchain infrastructure project. There was also plenty of hype for the initial new offering. But after listing, it immediately broke below the issue price—now it’s directly playing out a head-chopping scene.
Actually, lately, a lot of new projects have been like this: the primary market gobbles up shares and shouts louder than thunder, but once it lists, it just shuts you down. The ones making money are basically the early group, and for the late buyers—most of them are basically done.
As always, be cautious with new IPO offerings, especially with projects that haven’t been validated by the market yet. They can skyrocket like crazy, but when they fall, they fall even crazier. Are you trapped in it?
$CP
#加密货币 #新项目 #New offering risk
Just the second day of trading, CP plunged 43%, closing at 0.041.
That’s insanely intense—when a new project lists, the risk is cranked all the way up. In a single day, half your net worth is gone. I wonder how many friends who chased the price got trapped at the top.
Cluster Protocol itself is a blockchain infrastructure project. There was also plenty of hype for the initial new offering. But after listing, it immediately broke below the issue price—now it’s directly playing out a head-chopping scene.
Actually, lately, a lot of new projects have been like this: the primary market gobbles up shares and shouts louder than thunder, but once it lists, it just shuts you down. The ones making money are basically the early group, and for the late buyers—most of them are basically done.
As always, be cautious with new IPO offerings, especially with projects that haven’t been validated by the market yet. They can skyrocket like crazy, but when they fall, they fall even crazier. Are you trapped in it?
$CP
#加密货币 #新项目 #New offering risk