CORE has a ton of locked liquidity.
This liquidity can't leave; it's smart-contractually bound.
There is a total of 10,000 CORE supply and 7,200 of it are presently locked in the liquidity pools.
Assuming a max of 2,800 more CORE hitting the market (impossible), that would lead to a ~20% price drop against ETH pair.
We're going to assume about 1,000 more will hit the market. Averaging in here means getting in near the absolute (within 5-10%) price floor, meaning you literally cannot be dumped on anymore as it's all been dumped already.
Once a lot of people figure this out, greed and FOMO will set in and the price will pump rapidly, to about 10-15 ETH per CORE.
Risks, are of course smart contract risks, otherwise this is a 100% sure trade.
This liquidity can't leave; it's smart-contractually bound.
There is a total of 10,000 CORE supply and 7,200 of it are presently locked in the liquidity pools.
Assuming a max of 2,800 more CORE hitting the market (impossible), that would lead to a ~20% price drop against ETH pair.
We're going to assume about 1,000 more will hit the market. Averaging in here means getting in near the absolute (within 5-10%) price floor, meaning you literally cannot be dumped on anymore as it's all been dumped already.
Once a lot of people figure this out, greed and FOMO will set in and the price will pump rapidly, to about 10-15 ETH per CORE.
Risks, are of course smart contract risks, otherwise this is a 100% sure trade.
Commentaire:
Year-late update: The smart contract risks played out, unfortunately. Some liquidity was removed from the pool, making the "impenetrable zone" lower than it was previously possible. In crypto, nothing is ever sure, and code is not law.