Frankly speaking, I am quite confused by this market Fluctuation.
Firstly, it should be clear that the project team has never promised not to sell tokens; they have publicly stated this on Twitter. Additionally, the asset management rights of user wallets are always in the hands of the token holders, not controlled by the project team.
Secondly, when there is a trading pair between two tokens, a price drop in one token will inevitably affect the other. This is a basic market linkage mechanism and belongs to the fundamental knowledge of cryptocurrency trading.
Finally, what really needs to be reflected upon in this industry is: how many people can profit and not exit the market? Many critics cash out immediately after receiving airdrops, yet they morally condemn others for similar behavior. Shouldn't we look at market behavior more objectively, rather than expecting to reap high returns while avoiding all risks?
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Frankly speaking, I am quite confused by this market Fluctuation.
Firstly, it should be clear that the project team has never promised not to sell tokens; they have publicly stated this on Twitter. Additionally, the asset management rights of user wallets are always in the hands of the token holders, not controlled by the project team.
Secondly, when there is a trading pair between two tokens, a price drop in one token will inevitably affect the other. This is a basic market linkage mechanism and belongs to the fundamental knowledge of cryptocurrency trading.
Finally, what really needs to be reflected upon in this industry is: how many people can profit and not exit the market? Many critics cash out immediately after receiving airdrops, yet they morally condemn others for similar behavior. Shouldn't we look at market behavior more objectively, rather than expecting to reap high returns while avoiding all risks?