Ru7longcrypto
I have completely liquidated all my positions in Monad, incurring a total loss of over $100,000, but I don't feel sad. More than that, I am reflecting on the future of the public chain ecosystem through these losses. My previous attempt to go long on Linea also ended in failure, and this time betting on Monad also appears “doubtful in prospects.”
It must be admitted that the current market game has essentially evolved into a capital game: projects with capital advantages manipulate market making, inflate prices to trigger short squeezes, or harvest liquidity through extreme fee rates.
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View OriginalIt must be admitted that the current market game has essentially evolved into a capital game: projects with capital advantages manipulate market making, inflate prices to trigger short squeezes, or harvest liquidity through extreme fee rates.
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