Dump is inevitable.
Open League tokens got the last boosts from TON Foundation, which means - this is the last chance for growth, after that we should not expect better times. I already predicted that there will be a «bloodbath» in August and TON fell from $7 to $5, now it's time for open league tokens.
The hardest hit will be tokens that continue to be mined through distribution mechanics. For example, $HYDRA is now distributed in high volumes in multiple pools on DeDust.io and STON.fi, which is constantly putting pressure on the token. Buyer demand has fallen - everyone who wanted to farm boosts already has tokens, which means that growth is not worth waiting for.
I haven't studied the project wallets and break dates, but as long as boosts and liquidity are increased, as I think, it's a good time to lock in the maximum profit.
In addition, thanks to the @MemeCoffin_Bot project, there is an opportunity to short the tokens that will essentially go down after the open league boosts end. Opening the hundredth leverage, of course, will not be possible, but there is a plus in this. To liquidate a position with available leverage, the tokens have to make at least two X's, which in the realities of TON and with current liquidity sounds like a fantasy.
Winter is near and so are the red candles on the charts.
@investkingyru | @investkingyru_en | twitter | CMC | Private, Elite
$KINGY: DEX DeDust.io, STON.fi, Swap.Coffee and xRocket.
Open League tokens got the last boosts from TON Foundation, which means - this is the last chance for growth, after that we should not expect better times. I already predicted that there will be a «bloodbath» in August and TON fell from $7 to $5, now it's time for open league tokens.
The hardest hit will be tokens that continue to be mined through distribution mechanics. For example, $HYDRA is now distributed in high volumes in multiple pools on DeDust.io and STON.fi, which is constantly putting pressure on the token. Buyer demand has fallen - everyone who wanted to farm boosts already has tokens, which means that growth is not worth waiting for.
I haven't studied the project wallets and break dates, but as long as boosts and liquidity are increased, as I think, it's a good time to lock in the maximum profit.
In addition, thanks to the @MemeCoffin_Bot project, there is an opportunity to short the tokens that will essentially go down after the open league boosts end. Opening the hundredth leverage, of course, will not be possible, but there is a plus in this. To liquidate a position with available leverage, the tokens have to make at least two X's, which in the realities of TON and with current liquidity sounds like a fantasy.
Winter is near and so are the red candles on the charts.
@investkingyru | @investkingyru_en | twitter | CMC | Private, Elite
$KINGY: DEX DeDust.io, STON.fi, Swap.Coffee and xRocket.