It is still necessary to remind you of the risks of the $BMT you participated in tonight
First of all, if you buy it in the second level, you must think clearly why you buy it: Bet that he follows the footsteps of Shell and GPS on Binance
Under this premise, the main factors that determine whether he can succeed in the end:
- Volume and price data on DEX
- User growth data
- Revenue data
2/3 I'm not sure because I'm too lazy to study. After all, a tool product has many competitors, so how good the revenue can be. Currently, the betting and currency is falling, and the on-chain market is regressing, so growth is not realistic
Then the main decision point is 1, and this part is very problematic:
- The price line is quite ugly, and unlike the simple dish at the opening of the Shell, the $BMT method is OK, but the K-line shows weakness - the volume decays rapidly, and the Shell and GPS basically keep above 50k on the 5-minute day of the opening day, and $BMT is directly below 10k
I said before $Shell that I observed that the quantity was shrinking and unable to be able to consider retreating because it means that no MM was doing the quantity.
Just imagine if you have already obtained the Binance Offer, you will not charge the amount or collect the funds in the first place? So two possibilities: either the team can’t play, or the eight characters are not one stroke
So I personally think that the winning rate of bet is not high. Of course, it is not ruled out that Binance strategically wants to promote Alpha brand and BSC. The time to test wisdom is here again. Please answer