$MARSCOIN Hit a new low again today, reaching 0.071. On-chain, it’s already down to 0.068. Just like I predicted on the 13th, we’re getting closer and closer to a chance to buy the dip, and the value for money keeps improving!
To be honest, today it took just over 3 million in spot trades to push the price down 10%. That shows Mars tokens are fairly concentrated, with most of them in the hands of market makers. They only need to sell a little, and retail investors keep dumping their tokens. The ones doing the washout now are unusually determined big holders.
Don’t forget the key point: on the one hand, MARSCOIN has already been listed on Binance for spot and futures trading. The fact that Binance is giving out 30% of the trading fees as dividends shows just how confident it is in Mars’s future.
On the other hand, the main narrative of this new cycle is coin-stocks. Coin-stock memes are quite different from other meme coins: the trading pairs are stocks, and holding the tokens can earn you stock dividends. That’s relatively friendly to both retail investors and market makers.
In particular, coin-stocks listed on exchanges generally won’t fall as low as you might expect, because their prices need to stay stable and their trading volume needs to remain high every day!
When the market is doing well, trading volume can increase, which means more fees. That means more fee rewards go to addresses with larger holdings. Market makers have a high degree of control and hold nearly half the supply, so there’s no need for them to dump aggressively!
Be patient and wait for the coming explosive bull market of the new cycle. Think about Binance Life back then, and look at #MARSCOIN now. When the time comes, the market makers will be able to cash in big again!
What you should be thinking about now is: when are you going to buy the dip? How much will you buy? How will you buy? Those are the key questions!!!
$币安人生 #跟着锦鲤学打百倍金狗
Follow Web3 Koi Diary, and the coins you buy will go up tenfold
To be honest, today it took just over 3 million in spot trades to push the price down 10%. That shows Mars tokens are fairly concentrated, with most of them in the hands of market makers. They only need to sell a little, and retail investors keep dumping their tokens. The ones doing the washout now are unusually determined big holders.
Don’t forget the key point: on the one hand, MARSCOIN has already been listed on Binance for spot and futures trading. The fact that Binance is giving out 30% of the trading fees as dividends shows just how confident it is in Mars’s future.
On the other hand, the main narrative of this new cycle is coin-stocks. Coin-stock memes are quite different from other meme coins: the trading pairs are stocks, and holding the tokens can earn you stock dividends. That’s relatively friendly to both retail investors and market makers.
In particular, coin-stocks listed on exchanges generally won’t fall as low as you might expect, because their prices need to stay stable and their trading volume needs to remain high every day!
When the market is doing well, trading volume can increase, which means more fees. That means more fee rewards go to addresses with larger holdings. Market makers have a high degree of control and hold nearly half the supply, so there’s no need for them to dump aggressively!
Be patient and wait for the coming explosive bull market of the new cycle. Think about Binance Life back then, and look at #MARSCOIN now. When the time comes, the market makers will be able to cash in big again!
What you should be thinking about now is: when are you going to buy the dip? How much will you buy? How will you buy? Those are the key questions!!!
$币安人生 #跟着锦鲤学打百倍金狗
Follow Web3 Koi Diary, and the coins you buy will go up tenfold