The new MAV, which was launched today, can be said to have played with the new and old leeks in the currency circle, but if you say so, it deserves praise.
Binance's new currency, regardless of IEO or whatever, is basically a 15/20 times increase. Today's MAV high is 1.98u, which is in line with expectations. After learning about it, the private placement price of investment institutions is 0.1u, and the high is just 20 times.
However, due to this batch of people who rushed to open the market, it is estimated that many people picked up the goods near 1u, and then kept covering their positions. From 1-0.8-0.6, many people kept covering their positions. There was no way, they were trapped. There were several big players around me who were caught today. Confused.
Until now, the market has stabilized, and the lowest correction has been to the level of 0.5u, but Brother Jiu just placed a small order and was traded at 0.508, but no matter what, after all, Binance’s new coin is the first, so it can’t keep falling no matter what. Brother Jiu believes that the problem of receiving goods below 0.6 should not be a big problem. If this adjustment is made and the exchange of hands is made, it will still go up. Otherwise, the reputation of this coin will be too bad at the opening.
I also hope that the dealer can have a bigger picture, after all, there is still a long way to go, right!