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$SENT after announcing TGE details, the price dropped sharply from an initial 0.032 USD to now 0.024 USD. Some traders responded quickly during this market movement by opening short positions for hedging, successfully locking in profits.
Let's take a look at the potential gains for participants under a relatively realistic scenario of 50x oversubscription:
Each account's subscription cap is 3 BNB (about 2841 USD). With an oversubscription scale of approximately 400,000 BNB across the entire market, the actual allocation per account would be diluted to about 0.06 BNB, equivalent to roughly 57 USD. Based on this cost, participants can receive approximately 5423 $SENT tokens.
If sold entirely at the pre-listing price of 0.024 USD, the total income would be about 130 USD, with a single account profit of around 73 USD (equivalent to 0.077 BNB). At first glance, the returns may not seem particularly high, but from another perspective, this is equivalent to turning a 57 USD cost into a 130 USD return, yielding an over 100% profit.
Considering that the participation window will close tomorrow at 20:00, experienced traders recommend preparing sufficient BNB in advance and participating through multiple accounts to amplify gains. With 10 accounts, the profit base can reach over 700 USD.
For investors worried about subsequent price fluctuations, there is a hedging strategy worth noting—opening a short position on $SENT before the market opens for hedging. This way, they can participate in TGE allocations while locking in profits through short positions, forming a relatively stable profit model.
The practical issue is that many people, although having enough points quota, lack sufficient spot BNB reserves and are concerned about the risks of BNB price fluctuations during this period. To address this dilemma, there are two practical solutions: one is to combine spot BNB holdings with hedging operations simultaneously; the other is to utilize internal lending tools of major exchanges. Both methods can help ensure sufficient BNB for participation during the TGE cycle in a near risk-free or low-risk manner.