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I wasn't planning to participate in SPCX initially, but yesterday I heard a point made by the wizard that was too important, so I think it's necessary to share it, at least to understand the logic behind some people's狂buying.
Moreover, I see no credible theories to support this; there's too much nonsense, which makes it even more compelling.
Short-term profits are highly probable.
Before SPCX was listed, a fast-track rule for the NASDAQ 100 was passed in March.
This rule was tailor-made for SPCX, allowing it to be included in the NASDAQ 100 index after 15 days, with its weight tripled.
The result of this is that once it is quickly included in the NASDAQ, it will significantly increase buying pressure.
Because countless funds worldwide will allocate to the NASDAQ 100, which represents the forefront of human technology.
So, at that time, passive funds worldwide, U.S. pension funds, and others will buy in.
Calculations show that there will be at least $10 to $20 billion in fixed buying pressure.
Including other factors, this number is expected to double.
Not to mention the massive FOMO funds triggered by significant stock price fluctuations at that time.
Currently, the circulating shares of SPCX are estimated to be about $75 billion.
This is the core reason.