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
Pricing of small marketcap coins is pretty simple, you don’t need a Stanford degree to figure it out:
- Have Binance perp = $10m basic manipulation value
- memecoin = $3m basic exit liquidity value over retails
- have coinbase spot = $5m basic liquidity value from USA market
- have Upbit KRW spot = $10m basic liquidity value from Korean apes
So if a coin is a memecoin and have Binance perp, its intrinsic value = ~$13m
If it’s a coin with Coinbase spot + Upbit KRW spot + binance perp, its intrinsic value is $25m
Buy when it falls below its intrinsic value, sell when some cabal starts the run.