🔴$REZ will be on Binance tomorrow, smash or pass
🔴The market is loose, every slight increase turns into a short entry, so Renzo listing right now is probably a bit disadvantageous. The pumping of $ETH and $ETHFI is probably to push FOMO psychology to keep the price of $REZ at the TGE stage from being released too strongly.
🔴If this one was with $ETHFI, I would probably appreciate $ETHFI more because this team's business is quite shabby, even though they have fixed the tokenomic and adjusted (slightly) the criteria and number of airdrops, but overall it's still the same. The plan for Renzo is probably the same as most of the products on Launchpool recently: High valuation -> exhausting and exhausting.
Currently the premarket is trading around $0.35/token (equivalent to MC ~$370M). At this level, it's okay not to be too hyped, but in the early market period, you shouldn't buy into new listings too much (especially those with big airdrops). Because the whole mentality of the farming team is to just release and collect money.
🔴Tomorrow after Binance Launchpool ends, $REZ will be listed on Binance. I still advise that Ace should not swing if it pushes up 20-30% after the list. In general, wait until after the FOMC and there will be an update for you to consider. This $REZ is probably around $250M and can punch hard.