I used to think that the market capitalization should be at least several hundred million US dollars, and I didn't research whether the so-called 94% token destruction was a proposal or had already been destroyed, so when the news came out, I naturally felt that it should only be a hype and such a high market capitalization is difficult to sustain. Then it burst all at once... Just now, I was curious and did some research, only to find out that the market cap of the pump I missed was only over 5 million. Isn't this the same as a scam coin? The most important thing is that in September 23, it was already determined that 94% of the tokens will be actually destroyed on April 30, which means that as long as the large investors or dealers who pay attention have enough time to accumulate for more than half a year, the actual cost of accumulation of several million is very small. After the project party destroys, it means that CEL has no external selling pressure at all, and it becomes a fully circulating token with only a few million market capitalization. In addition, some meme tokens have been accumulated by the dealers, so the actual chips in the hands of retail investors are even fewer, estimated to be less than a meme token. However, it has the support of a relatively well-known exchange and overwhelming external information flow, so it is very reasonable to think that the explosive pull is very reasonable. Well, I can only say that prejudice made me miss an opportunity. If I had done some research in advance, I would definitely have found the entry point at any time. Currently, the actual circulation of cel is 40.6 million, with a price of around 0.9u, which means it has already reached a market capitalization of 4000w. Do you think 4000w is expensive?
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Did you miss out on a great fortune with CEL?
I used to think that the market capitalization should be at least several hundred million US dollars, and I didn't research whether the so-called 94% token destruction was a proposal or had already been destroyed, so when the news came out, I naturally felt that it should only be a hype and such a high market capitalization is difficult to sustain. Then it burst all at once...
Just now, I was curious and did some research, only to find out that the market cap of the pump I missed was only over 5 million. Isn't this the same as a scam coin?
The most important thing is that in September 23, it was already determined that 94% of the tokens will be actually destroyed on April 30, which means that as long as the large investors or dealers who pay attention have enough time to accumulate for more than half a year, the actual cost of accumulation of several million is very small. After the project party destroys, it means that CEL has no external selling pressure at all, and it becomes a fully circulating token with only a few million market capitalization. In addition, some meme tokens have been accumulated by the dealers, so the actual chips in the hands of retail investors are even fewer, estimated to be less than a meme token. However, it has the support of a relatively well-known exchange and overwhelming external information flow, so it is very reasonable to think that the explosive pull is very reasonable.
Well, I can only say that prejudice made me miss an opportunity. If I had done some research in advance, I would definitely have found the entry point at any time.
Currently, the actual circulation of cel is 40.6 million, with a price of around 0.9u, which means it has already reached a market capitalization of 4000w. Do you think 4000w is expensive?