I'll just say one thing, from a contract perspective, $M
With this long-short ratio and this OI, the rise really doesn't take much effort.
This might be hard to understand, but the ALPHA token that was delisted from Binance before had the exact same OI and long-short ratio.
70% of retail investors are shorting, yet there are 52% long positions in open interest, all retail investors providing the fuel.
This kind of counterparty is basically giving away money; the market's peak hasn't even arrived yet, the -2% fee rate is when the peak will come.
🌱 Unintentionally planting willows leads to shade.
M can now cross from BSC to the Memecore mainnet for free.
From July 3rd to July 10th, for a week, it's free.
🔗
At first, I bought 6000 $M on Binance Smart Chain to play memes on the platform, but I found I couldn't transfer them, and Bitget doesn't support deposits, so these coins were left idle.
I didn't expect that after a few days, the value rose from 400U to 2400U, making 2000U in just four days without doing anything.
The MEMEX platform and the price of $M are undervalued from any perspective. Although it has now risen to my psychological price point, I still won't sell because the true potential of the platform has just been activated.
The MEMEX team, whether in terms of financial strength or operations, far surpasses PUMP. Why should pumpfun be worth 6 billion? Therefore, I firmly believe that $M will exceed 1U.
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