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718 Summary - alon is about to pump!
In the early morning, alon made a wave of purchases, and the massive following orders directly caused $neet to skyrocket from 6m to 30m. However, even though there were countless buy orders in an instant, it couldn't stop the numerous sell-offs. In just two minutes, it plummeted from 30m to 14m. Many people believe this behavior is a huge positive signal for the pump, especially since alon is involved and has been tweeting about it, which indeed shows direct goodwill. But it seems there are too many ambushes; such massive buying can't withstand the sell-off. Can it continue? Is alon going to buy more neet? Also, what will be the next coin to buy? Chillhouse, trencher, many are guessing and laying in wait. Will the next one be like this too? Indeed, if you ambushed early, you could benefit from the follow-up, but if there's no continuation, can it really attract people back to pump? You can't just rely on a bunch of these explosive coins to attract people, right? Another point is alon's purchase; buying 150u, you could say it's just to show a stance, but why not tweet a couple more times? Not tweeting, occasionally dropping hints, might be about compliance, not wanting to interfere too much. This gives the impression of being hesitant, wanting to show goodwill but afraid of saying too much and losing value, or affecting compliance. Speaking of this, it actually reminds me of someone, yes, cz. Very similar, but the difference is alon's reputation is poor, and his influence is less than cz's, so whether it can continue really remains to be seen. Let's wait and see.
During the day, there was a CPU speed run, which was quite interesting. A bunch of bundles isn't the key; the focus is on the dev, who wants to establish a persona of not issuing coins but can't stand missing out on such a high rise. So, he opened a market on the GitHub project page and issued CA. If you're going to issue, just do it, but then he sold off at a few hundred k. The most ridiculous part is that right after selling, he deleted the CA again. Truly a pure-born player, a garbage person who knows how to play.
Today, there was a collective pullback. The three Musketeers have started a near 50% correction, including some Chinese memes, all the same, even useless has dropped back below 300. But this should be a normal pullback. Whether others can surge again depends on the sentiment. Musk has really stirred the market recently; various names have been played out. However, in the evening, another Musk-related project came out, and everyone still rushed in the same way. So, it proves that the market indeed has come; Musk's top-tier influence has a significant effect. Many missed out, and one still has to learn to chase the highs.
Today's operation: A small nibble on trend is good, a slogan from a platform with backing. The platform coin is TRENDSDOTFUN, and I also followed along with Sun Ge, later being lifted by D Ge. Of course, they might just be playing around, but the project background shouldn't be that low, so this bottom-fishing is fine.
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