Baizak 🎩🔵 pfp
Baizak 🎩🔵
@baizak
Another hopium for $POPCAT holders. I think that this great pump to 2B and following 92% dump down to 160M was orchestrated by Wintermute/other market-makers together with Binance and Bybit futures, where whales can short every pump, until majority of traders/holders are liquidated/have sold. However, today Coinbase has listed $POPCAT Futures, which hints that they may have another agreement with market-makers, and as we know CEX's make the most money from volatile price action. And now the question is which way volatility is going to head? Another 80-90% dump, when most holders have already sold and leveraged traders got liquidated? There is very little liquidity below 150M range. Whereas on the upper range, there are millions and millions of fresh liquidity waiting to get grabbed. Additionally , two days ago, @RevolutApp has listed $POPCAT on its exchange. Keep in mind, that there are no SPOT listing on any Tier-1 CEX (future catalysts for growth). Personally, i think cat is gonna pop.
0 reply
0 recast
0 reaction