strk, a relatively popular project during this period, was launched on Binance and Oui today.

After going online, it directly jumped to above 3U. This bubble is indeed a bit big. Originally, all Thirteen Circles were ready to enter the market at around 1.3U. When the price of 3U came out, they gave up this wave of junglers.

The market is too irrational, and the leeks are too crazy.

In the next few days, many leeks, especially the leeks that are chasing highs on Binance, may hang on the top of the mountain and stand guard.

If the value of this coin exceeds 1.5, there will be no entry value.

The on-chain data of this coin can be said to be very bad. The on-chain data is only a pitiful 72 million. Of course, as a "king-level" project, it does have its own value. The data on the chain cannot fully reflect its value and needs to be verified in the market.

This project is very popular among retail investors.

But 3U is too much. Today I will tell you inside the Thirteenth Circle that if it exceeds 1.5, there is no need to enter the field.

The reason is very simple. Through horizontal comparison of L2's more mature projects such as OP, ARB and other projects, once strk exceeds 2U, the market value has far exceeded OP and arb.

As far as the current situation is concerned, the real value of strk cannot exceed op and arb, so I estimate in the group that everyone can enter the market at around 1.2.

The price after the project was launched has far exceeded our expectations, so we decisively gave up the order.

Thirteen Circles will definitely not make any investment that you are not sure about.

The current price is completely a bubble, but the value of this project is still there. We can wait for a while and wait for the project to return to its true price range before we start building a position.

(After writing the article, I took a look at the price of strk, and it dropped directly to 2.4. The friends of Thirteen Circles were right to choose to stay put. If I rushed in, it would be a bit embarrassing now. Don’t worry, this currency will most likely correct. , there will be more selling pressure later to return it to its true value. I will remind everyone on the thirteenth circle where to start building a position)