24 y.o prop trading firm & media founder I Invest in good businesses in the long term and exploit the market inefficiency in the short term. building @bwenews
Entered $200k into KOMA at 0.0185 avg just now, thesis:
- smallest marketcap meme coin on Binance perp right now, with marketcap of $11m and increasing combined open interest of $6m on Binance/Bybit/Gate, I think it has mm value for some cabal group
- around $2.7m of KOMA is team's locked coin, so the actual circulating marketcap is around $9m
- The current market's narrative is similar to 2022-2023 where we had DWF Labs season: people favors tiny marketcap coin controlled by cabal and can deliver big green candles (BROCCOLIF3B pumped 10x recently, and many tiny marketcap coin with Binance perp did couple x pump today)
KOMA can dump 30% from here and I'm ok to lost that amount of my trade, don't follow my trade or you might be me/other players' exit liquidity