After disappearing for so many days, let's review this garbage operation from early November.



In November, I got a bit overexcited. At the beginning of the month, I was checking opinions and saw that most people were talking about wealth management, so I took a large position. In the end, GEN was completely crushed by KT. Although I also bought a $50 bet on KT winning the finals with a friend, I continued to increase my position yesterday and didn't expect BDD to ultimately not carry, which led to significant losses for me.

During the 11.4 MMT airdrop, I did not take the time to seriously consider how I would operate if I were the project party. If the initial launch of buidlpad is below 0.35, all funds can be refunded from the presale. As the project party, the on-chain liquidity pool itself is very shallow. This image shows the on-chain pool shortly after the launch; you can see that there are only about 1 million in the pool. At that time, the BN contract OI was far greater than this, due to a large number of mindless new coin short sellers entering the market. Therefore, the project party chose to use small funds to pull up the on-chain and BN to explode this group of hedgers + naked shorts.

The total circulation displayed by the project is 20%, but the actual circulation by the project party is far below this number. At the opening, airdrops and community incentives were not issued, resulting in only 3% circulation. I lost about half of my funds directly because I didn't look at and analyze this carefully. I originally thought the airdrops would be generous and help recover a lot, but instead, this wave has completely dampened my spirits.
KT-0,14%
MMT-3,87%
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