Exactly 360 days ago on Twitter, this moment is just like that time.
My MEME token has been listed on the exchange, should I sell or not? 1. For contracts, you generally need to sell. You can review the classic case of $DOG on Bybit. The only exception here is a very strong community consensus and a grand market (in my personal opinion, AI). 2. For spot trading, it mainly depends on whether the market cap matches the level of the exchange. If it matches, there’s an opportunity to raise the price to break even; if it doesn’t match, there’s a chance to make a profit. The two types of opportunities worth paying attention to are: one is a particularly low market cap (like $Neiro), and the other is a particularly strong consensus in the market (in my personal opinion, AI). Compared to 2021-2022, the trading volume of DEX has more than doubled compared to CEX. The on-chain pools are small, and the market cap rises very quickly, so those that can be listed generally have a decent market cap. Moreover, under the guidance of the principle of fairness, exchanges rarely list spot trading. At most, they will share your trading fees because of your high trading volume on contracts. For whales, listing contracts is simply the best opportunity to short the market, profiting from both the gains of selling spot and the huge returns from short positions. Therefore, in most cases, I would say selling is the best choice. However, the only exception I’ve observed is a massive market with a very strong consensus, where they absorb all the sell-offs, turning the sell-off into a de facto exchange of hands. In this case, the price of the coin may actually remain very stable. The above is just a sharing of some personal operational principles, which may not be accurate and are for discussion only.
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