Recently, with the new issue and airdrop market, I feel that targeting some bull projects is not as good as buying in after the opening when it falls below the issue price. The premise is that the amount of money raised is quite substantial or has a VC background. Last week's $Mon $Irys and yesterday's $RLS both fell below the issue price upon opening, and the financing was still acceptable. The leaders are allowed to run first, and then it falls below the institutional cost price, starting to pump in the middle of the night. However, I've observed that the pumping cycle lasts only 1-2 days.
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Recently, with the new issue and airdrop market, I feel that targeting some bull projects is not as good as buying in after the opening when it falls below the issue price. The premise is that the amount of money raised is quite substantial or has a VC background. Last week's $Mon $Irys and yesterday's $RLS both fell below the issue price upon opening, and the financing was still acceptable. The leaders are allowed to run first, and then it falls below the institutional cost price, starting to pump in the middle of the night. However, I've observed that the pumping cycle lasts only 1-2 days.