Walrus's dog house is really something, pulling off a negative fee rate. Yesterday morning, the price dipped to $0.36 and almost took me out. Now that my cost is below $0.4, I'm not afraid of you anymore. Let's go $WAL
#WAL
Let me talk about a few characteristics of Sui's market operations, and walrus might also follow this approach. I suggest you learn about it in advance.
1. They like to pump the price around the unlocking time. Sui often has market movements around the beginning of each month when unlocking occurs; you can go back and check the K-line for confirmation.
2. Once it starts, it happens very quickly, and there are almost no comfortable entry points, along with a duration of paid rates.
3. There are also various high-yield mining activities happening simultaneously on the chain, with TVL growing rapidly, which is a way to reasonably multiply your chips. The difference in token quantity between participating and not participating can be 10% to 20%.
4. There will be a good price increase accompanying positive news, with the news and token price moving in sync; many projects fail to achieve even this.
5. When the trend is upward, the pullbacks are minimal. It often moves against the market trend; I used to call Sui's market the "reverse child." It tends to rise when the market is falling or consolidating, which can attract market attention and funds.
6. It washes out the weak hands and leaves profits for the believers. Participate more in the ecosystem to gain more chips.
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