$NXPC is interesting to me for a number of reasons
1. Brand new shiny token launched at the right time on nance spot. While BTC looks fantastic. This is an attention market and people generally gravitate towards these new spot listings
2. Low float. A lot of capability for NXPC to be locked or burnt via different mechanisms
3. One of the most popular games in South Korean history. We all know how degen Koreans can be once they latch onto something
I have a small position from the current lows, let’s see how PA develops. Willing to take the risk here and see if the market agrees
Things I’m noticing:
- everyone tping a few days into a major trend shift
- many looking for pullback for re entry
- many offside
- people don’t think this time is different
- still a lot of fear and uncertainty
- a lot of people trying to short
Higher