Do you think the broader market drop pulled $LAB LAB down, or that LAB itself had its own problems?


● Deep dive: It’s hard for BTC to drop 5%, but a 20% drop in altcoins is very common.
● High-beta attribute: Tokens like LAB, with small market caps, act as amplifiers for the broader market. If you anticipate a pullback in the broader market, the returns from shorting an altcoin are 3-5 times those of shorting a “white coin.”
● Liquidity dries up: Once a small-cap coin falls, buy orders quickly get canceled, causing a waterfall-style drop in price (Slippage is extremely high). This is exactly the “slide effect” that bears love most. $BANK $DEXE #USD1持币生息最高8%
BANK-42.09%
DEXE-12.24%
LAB-4.29%
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