Zetoshi retweeted
I opened a LONG position on JCT with around $100K, which is a small amount compared to my portfolio!
It’s super risky to buy now!
‼️Reason: While I was checking tokens through my order system, JCT caught my attention for many reasons. I was already holding a small amount in time, we can finally see some movement on the chart, right? Normally, we see tokens pump like this and then crash. But something caught my attention here.
The last token unlock was around a year ago, and the next unlock is coming in around 21 days.
Now, most people are opening short positions because JCT has already pumped around 150%, and everyone is expecting a crash, right?
On the other hand, tokens allocated to private investors, the community, and the foundation will start unlocking in around 20 days.
We’ve seen similar movements with LAB and other tokens. If you look at the price movement after previous unlocks, some tokens dropped around 60%.
So I think JCT could crash hard when the unlock happens.
But here’s what I’m thinking!
Most people are already shorting because they know about the upcoming unlock. But what if they push the price higher and higher before the unlock?
Then, when the unlock happens, the price could crash hard.
Also, the market cap is very low, around $50 million, so I think they’re going to play with this token.
That’s why I took the risk with a small amount compared to my portfolio.
Let’s see what happens!
Remember, this is super risky and just my personal analysis. NFA!
It’s super risky to buy now!
‼️Reason: While I was checking tokens through my order system, JCT caught my attention for many reasons. I was already holding a small amount in time, we can finally see some movement on the chart, right? Normally, we see tokens pump like this and then crash. But something caught my attention here.
The last token unlock was around a year ago, and the next unlock is coming in around 21 days.
Now, most people are opening short positions because JCT has already pumped around 150%, and everyone is expecting a crash, right?
On the other hand, tokens allocated to private investors, the community, and the foundation will start unlocking in around 20 days.
We’ve seen similar movements with LAB and other tokens. If you look at the price movement after previous unlocks, some tokens dropped around 60%.
So I think JCT could crash hard when the unlock happens.
But here’s what I’m thinking!
Most people are already shorting because they know about the upcoming unlock. But what if they push the price higher and higher before the unlock?
Then, when the unlock happens, the price could crash hard.
Also, the market cap is very low, around $50 million, so I think they’re going to play with this token.
That’s why I took the risk with a small amount compared to my portfolio.
Let’s see what happens!
Remember, this is super risky and just my personal analysis. NFA!
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Everybody keeps asking me where I’m from!
Those who have been following me on Binance already know the answer, but let me reveal my origin to you!
I’m from the Maldives! My father is from the Maldives, and my mother is from the Netherlands!
Most of the time, I travel to es like Thailand, Indonesia, Nepal, Sri Lanka, etc.
Life is good when you combine travel + crypto!
Those who have been following me on Binance already know the answer, but let me reveal my origin to you!
I’m from the Maldives! My father is from the Maldives, and my mother is from the Netherlands!
Most of the time, I travel to es like Thailand, Indonesia, Nepal, Sri Lanka, etc.
Life is good when you combine travel + crypto!
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Everyone is asking me to launch my own token! But I won’t, because without a real use case and a proper plan, a memecoin will eventually die. Some people will make 100x, but others will lose everything!
I know how it works and everything! So I will never launch a token just for the sake of launching one!
But in the future, if I ever do, I want to create something like BNB or ETH, something with real value and utility, so that every holder has a chance to win!
And my OG followers, especially those whose faces I know, I really love them! Maybe one day I’ll airdrop $100K or even $500K to them!
But that might happen after 2 to 5 years!
So right now, I have no plans to launch any token, and I won’t launch one until I believe I can build it into a multibillion-dollar project!
I know how it works and everything! So I will never launch a token just for the sake of launching one!
But in the future, if I ever do, I want to create something like BNB or ETH, something with real value and utility, so that every holder has a chance to win!
And my OG followers, especially those whose faces I know, I really love them! Maybe one day I’ll airdrop $100K or even $500K to them!
But that might happen after 2 to 5 years!
So right now, I have no plans to launch any token, and I won’t launch one until I believe I can build it into a multibillion-dollar project!
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Just go against the crowd! It’s that simple. Your life will be so much better!
What I’m seeing in $IRYS is that everybody believes there will be another pump before the crash! But based on what people are thinking, I believe there’s a very high chance it will crash even further!
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Both showed you why the psychological game is so important in this market!
People look at $IRYS and think, “Oh yes, it’s dropped like 90%! We should long!”
But this is called a psychological game! They never think about the fact that IRYS is still up 900% from where it started
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