SOL Chain Public Fundraising Craze

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The public fundraising on the SOL chain is very crazy. Yesterday POGAI raised 20,000 SOL in 2 hours, triggering other local dog projects to imitate. People from all walks of life are out to harvest leeks again. The crazier the situation, the more calm you have to be.

Often when the market for copycats/local dogs is crazy, it usually announces that the market is coming to an end. The simplest logic is that retail investors give their precious chips to the project points in exchange for a pile of garbage, and PVP inside, and the project party gets these high-quality chips and you Do you think they will continue to buy? Not to mention selling, the best situation is to hold on. These projects are for starting a business, not to mention that some local dog projects themselves have no cost. When there is money to be made, they will definitely put the money in their own pockets. .

So when you exchange high-quality chips for some junk, these entrepreneurial projects will sell your high-quality chips for real money. This not only does not increase new buying funds for the secondary market, but also increases There was a lot of selling pressure.

Therefore, often when the market enters this stage, the market trend may come to an end.

It won't necessarily happen in the short term, but caution is necessary here. #sol

热点： CHAIN SOL