2024-04-12 21:07:08

#BOME You know how whales play this token

They use automated trading systems:
1. If Bitcoin rises by x%, this coin will only rise by half and may trade sideways
2. If Bitcoin falls, the whale wants to reduce the risk by selling at a price higher than the percentage of Bitcoin drop
3. The moment of turnaround depends on the whale, the buyer, or when this coin is listed on another exchange, and there isn't much positive sentiment right now (maybe after the halving)
To beat the whales, you have to stop trading futures, especially long-term trades, and let the whales play on their own. Keep in mind that the initial cost is too different from the listing multiplier, with 80-87% of the maximum token supply owned by just 3 wallets with over 1000 holders
This is similar to the shiba ini 4-5 years ago, where the price fell by more than 50% but suddenly increased by 10 times and there was no noise in the market

BOME1,4%

BTC2,25%

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