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Regarding the SKR project, my view is that it's time to consider shorting. Here are a few core reasons.
First, look at the airdrop situation—this is a token on the Sol chain, and the airdrop volume is quite substantial. Basic participants received at least 10,000 tokens, active interactors can get 70,000 to 100,000, and some even received around 750,000. This is a typical large-scale airdrop event. In such an environment, the retail investor base is very large.
Second, look at the price increase. It has already increased 20 times from the lowest point to now. Such upward potential is quite sufficient in the short term.
Next, consider market cap and trading volume. With a market cap of $200 million and a daily trading volume of $200 million, and this volume occurring in the context of many airdrop holders and retail participants, it suggests something. Think about it from another angle—landing on a derivatives trading platform often indicates that institutional funds are entering—the harvest cycle may be beginning.
Combining these factors, the current position indeed signals a shorting opportunity. Making money is the best, and if you lose, I never said a word.
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75K airdrop? Come on, just wait to get cut
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The contract launch is just the time to harvest, everyone’s seen this trick before
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The trading volume is so fake, I’m scared
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Wait, did the guys who said shorting end up losing money? Don’t lose the news
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MaoMao activities are all like this, cry if you buy high
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Hearing about 200 million in trading volume sounds impressive, but it’s just retail investors buying and selling among themselves
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When institutions enter, it’s just the start of the harvest, this logic makes sense
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Such a generous airdrop, actually more dangerous, understand?
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20x already, and you still want to chase? I advise you to be kind
No, right? Those who airdropped 750,000 have probably already dumped.
2 billion in transactions sounds like a lot, but this position is indeed a bit risky.
Honestly, I'm still hesitating whether to get in or not.
When institutions come, it's just slaughter time. This routine is too familiar.
So many retail investors are taking the airdrops as the entry point. Do you dare to short? Quite brave.
Wait, is listing on a contract exchange really a signal to cut the leeks?
My goodness, still not satisfied after 20x? Is there something wrong with this mentality?
Tokens on Sol chain tend to rebound strongly. Don't underestimate them.
20x increase + retail investors piling up, definitely a sign of the night before the harvest.
Wait, 200 million in daily trading volume paired with a 200 million market cap, this number is pretty intense.