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Don't underestimate any team with the strength and willingness to pump and dump. Currently, EdgeX's buyback and fee data are very strong; even after the token launch, it has maintained a Top 20 fee revenue ranking (the image is a screenshot of 1D fee from Defillama). Trading volume in the TradeFi sector is also very high.
I've mentioned a logic: why does Perpdex still have the drive to continue operating during a bear market? Because the trading arena is a fiercely contested battleground. If they can weather the storm until the bull market, and their niche remains, they can make a fortune (those who understand the pump-and-dump business know what I mean). Even in a bear market, maintaining this level of fee revenue far covers operating costs.
Not to mention the token itself has a high locked-up 14% supply. With the current market liquidity, how much money can be dumped? Truly capable companies will find ways to maintain a respectable source of transaction fees, which is more beneficial than harmful in the long run.
Unfortunately, I missed this opportunity. I've been quite loss-averse lately. Several opportunities... $EDGE $DRIFT $SOLV The direction was right, but the execution wasn't aggressive enough. After reaching the previous high, I thought the market liquidity might not be able to support a continued rise in the short term. I didn't expect that many short sellers might have added to their positions at the previous high, and OI kept rising.

Yuyue
@yuyue_chris
03-31
这 $EDGE 是在所有人都不相信高控盘会拉盘的时候,想用实力拉服所有人?
很少有见空投发了之后是拉盘而不是砸盘的了
edgeX 从去年以来手续费收入长期排在 Top 20,要是全是刷的也不太可能,团队手里钱多是肯定的。观察一下 TGE 后的交易量留存 + 博弈情况吧




Don't let your resentment from the airdrop backfire on secondary trading. Secondary trading is secondary trading, and airdrops are airdrops.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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