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cryptovox
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cryptovox
@1cryptovox
All in on NFTs 💯 | Floor is my playground 🎢
Rome Katılım Kasım 2023
2.1K Takip Edilen970 Takipçiler

how to succeed on @avax and catch potential 100x?
well, it’s not that simple as you think it is. there is not much money on chain right now.
i would look for plays which are likely bundled and have under 300 holders at around 1M MC.
here is the reason why: a) buy pressure will dominate sells, as amount of sell pressure is less when there are only 300 holders; b) day 2 ( hardest day ) could be used for catalyst drop to remain the volume and new holders attraction ( for example: Lambo ) in comparison with triangle it had 1300 holders at 17M and triangle had 1300 holders at 300k.
so obviously safest way would be buying on day 3 ( // end of day 2 ).
market and amount of holders overall is still small so when something is rushed or hyped then there will be no dip buyers and continuing support from holders when volume slows down.
it’s like on solana. 3000 holders, no volume. think of a big buy and amount of sellers after.
same here - study volume and supply control. kols on avax also bring some sort of volume I noticed. @danielesesta and @cryptokaleo best kols on avax.
also would bring up $bridge, such a great idea and that guy did everything he could to make this token successful; day 2: -90%. why? because there is no new volume! avax hunters bought on day 1.
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