Here is a guide on how to play the @megaeth_labs presale on @echodotxyz for a free 5x. Presale The presale is done through an English Auction, meaning people can bid higher and higher, depending on demand. The sale will need roughly $25M to reach the ceiling if everyone bids and no extra demand. If the auction reaches higher, than we'll start seeing people filled at the $1bn FDV mark, with a total of $50M to be filled. What should you do? - Pay attention to how the bids are going, and how much capital is allocated. You can play around this depending on demand and % probability. What should you do after you get your allocation? - Use 3.33x less capital to open a short position on Hyper Liquid with 3x leverage for a currently (5x, assuming you get highest mcap interest) eg. If you get filled in presale for 100k @ 1bn FDV. You can open up a 33k short (with good margin) to lock in a free 5x. I'm personally going to wait until I get a presale allocation filled before opening any positions.