0xSun: pump.fun There are too many differences in coin issuance, and different strategies can be formulated according to the speed of public sales

News: Crypto KOL 0xSun (@0xSunNFT) suggested on X platform that investors can develop different hedging strategies based on public sale conditions. If the public sale proceeds slowly, investors can choose not to participate. If the public sale progresses quickly, investors can participate in hedging while maintaining sufficient margin, with the risk being the 24-72 hour token distribution interval after the public sale ends. "One scenario is when the pull-up contract triggers a liquidation, the countermeasure is to maintain enough margin, which is equivalent to reducing capital utilization to enhance safety. The second scenario is when spot trading opens earlier than token transferability, manipulating spot prices to pull up, even if the contract price doesn't follow, it will become a negative funding rate. If hedging retail investors do not close their short positions, they will be tortured by the funding rate. If they close their short positions, their coins will become naked long positions, bearing the risk of price fluctuations."