This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Reward
like
2
Repost
Share
Comment
0/400
木之源
· 01-11 02:57
There are no big players🤣 in this kind of coin, it's all retail investors chasing hot topics. The decline last night was because the people at the four zeros three zeros level sold off. They might have only bought a few hundred or thousand U early on, but their sell-off involved tens of thousands or hundreds of thousands U. This kind of big player is just a P, at most considered smart money. The reason the coin price can be pushed up is purely because small orders of tens or hundreds of U from individual investors, tens of thousands of small retail investors buying in, drive the price up. As long as there's hot interest, it will continue to rise. There's no such thing as big players harvesting and reaping profits.
$Laozi The number of long positions is so high that it can push the market up. Are these two Chinese coins the philanthropists of the whales?