I agree. For project owners, the question of who to allocate the funds to and how to allocate them is truly a difficult one! This is especially true for projects like @boundless_xyz and @TheoriqAI that have oversubscribed by over ten times… However, the gKaito algorithm that @KaitoAI mentioned before the Launchpad launch has yet to be released. I believe that while airdrops allow project owners to backstab the community, it's completely unnecessary in the IPO market.
- 0 replies
- 0 recasts
- 0 reactions
$BTC - Still in what I would consider "no man's land" between the daily trend and weekly. H4 Trend has been bullying price since being lost at 120k. H4 trend currently confluent with cval. Must reclaim region for BTC. IF bullied by H4 trend once again, THEN I would expect a final D100EMA tag (weekly trend) below.
- 0 replies
- 0 recasts
- 0 reactions
Strictly speaking, we’re still technically in the weekend, so this drop looks more like it’s being driven by the futures market. CB spot volume hasn’t seen any significant uptick, and spot premiums haven’t dropped much either. If you look at open interest in the futures market, the main reason for this natural downtrend is excessive leverage. Even though the price has pulled back to 114k, OI is still hovering around the previous 118k–119k levels.
- 0 replies
- 0 recasts
- 0 reactions