$parti It has been a month since they said they would announce something on March 24th, and they are planning to make an announcement today, March 24th. However, last October or November—I don't know why—I predicted that an airdrop would happen around this time (I remember the supply being released somehow). Sure enough, there was no airdrop back then, and I remember the price dumping happening while they promoted it via a post saying, "We have no supply to dump!" They are doing marketing they never did before, so I wondered if they were crazy and what was going on. I thought about it carefully, and realized today marks the one-year anniversary of Particle's launch. The Team's supply lockup is set to start unlocking tomorrow, the 25th. I really don't think they will suddenly announce anything massive; at best, I think it will be something like a PEP launch. I don't even have high expectations for the airdrop (isn't this the time to be looking forward to Season 2 after the first distribution?). Even with the Season 0 drop, new accounts suddenly flooded the top of the leaderboard just a day or two before launch, and they executed the listing announcement and airdrop distribution completely unbeknownst to anyone. Considering the typical slow pace of foreign investors, the neglect of the community (making it unclear if they are even working), and the timing of lock-up releases, I seriously considered taking a large short position on Parti. However, I feel like I might lose money if I dabble in futures trading, so I plan to just watch for now.
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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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