【Today at 18:00, ALT is going to make a big splash, so how is the price of ALT? Is there an opportunity to double the investment?】
At the moment when ALT is about to debut, MANTA has reached a new all-time high, reaching as high as 3.33, with an increase of over 60% from the low point; undoubtedly setting high expectations for the upcoming ALT! Today's ALT will definitely attract a lot of attention!
The total issuance of ALT is 10 billion, with an initial circulation of 1.1 billion, which should be one of the highest among new coins recently! ALT also knows that its quantity is not advantageous, so this wave of ALT emphasizes quantity without particularly emphasizing price!
First, let's review the recent market trends. There is nothing outstanding, all overshadowed by Grayscale's selling pressure, and the big sister Bitcoin is also stagnant, stepping down every few days, and most of the leading altcoins are also losing momentum; only MANTA has shown strong momentum today, reaching a new high! The market is more pessimistic than optimistic, so I won't make too high of a prediction!
It is certain that the opening market cap will reach 150-200 million dollars, so the estimated range is 0.14-0.2 dollars;
The market's attention today will be higher, meaning stronger FOMO, so let's estimate the peak at 250/350/500 million dollars, then 0.23/0.32/0.45 dollars.
If it reaches these price levels, I will directly clear out the mining and sell. I won't hesitate, especially if it exceeds 0.4, I will sell without hesitation!
So, if the performance is extremely poor and drops to 0.14/0.11 or below, then I will boldly go all in, but I estimate the probability of this scenario is extremely low, and if it happens, it's just giving away money!
If there is a 20-30% opportunity for excess profit, I will focus on the range of 0.14-0.2, to see if there are any short-term signals within 24-48 hours. If a signal appears, I will also speculate with 30-50% of the position in batches!
(For prediction purposes only, not investment advice)
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