2026-01-17 15:25:57

It seems there are no old coin airdrop arrangements this weekend. The pre-tge at 8 PM next Monday is expected to require 6 BNB to participate, but if the score remains very low, the participation may not be worthwhile. The last FOGO airdrop was a bit of a waste of time, but I later chased a short position, which offset the airdrop cost. Currently, I am watching its movement, aiming to see if it can break below the new coin cost price of 0.035. If it breaks down, I will continue to short — this is the characteristic of new coins; powerless whales can only choose to decline gradually to lower the price.

The H coin leaderboard results are out, with a ranking of 162,000. If I participated in the competition, I would probably push to around 180,000. This score is more stable, ensuring reliability without wasting too much effort. The H short position has already been taken profit on. Although I didn't participate in the competition, the gains from two airdrops have significantly increased my alpha income. I wonder how many friends also followed this move.

By the way, has the H coin reward been distributed? Since I didn't participate in the competition, I can't see the reward pool information. If it's convenient, friends who joined the competition, please let me know. If the rewards haven't been distributed yet, I plan to continue small short positions to try.

BNB-1,02%

FOGO-2,63%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
5
Repost
Share

Comment

0/400

GreenCandleCollector

· 01-20 03:59

No activities over the weekend, and next week's pre-tge is just so-so; 6 BNB might not even be worth it. That FOGO really wasted time, but luckily I later shorted to break even on the cost. Now it's just a matter of whether it can break below 0.035. With a score of 16.2w for H coin, I estimate I would only get around 18w if I participated, so there's no need to be too competitive. The short position has already taken profits, and just from two airdrops' alpha, I made quite a bit. I'm comfortable following this wave. By the way, has everyone received the H coin rewards? If you didn't participate, you can't see the reward pool. Brothers who know, please remind me. The rewards haven't been distributed yet, so I'll continue small short positions and give it a try.

View OriginalReply0

BrokenDAO

· 01-17 15:55

This incentive mechanism is obviously problematic. Participants can see the reward pool information, while outsiders cannot—classic information asymmetry. No wonder small retail investors are always reactive. Unskilled market makers love to manipulate with gradual declines. Basically, they are wearing down retail investors' patience. How long this model can last is really uncertain. Only 6 BNB for a participation ticket? And the score is so low. This is a typical case of incentive distortion. The more participants there are, the more diluted the returns become. Instead of just waiting here for reward information, it's better to ask around directly. Sitting here and waiting is not as good. New tokens are essentially a testing ground for wild market makers with no regulation. I can understand the idea of continuing to short after a breakdown, but has risk assessment been properly done?

View OriginalReply0

StealthMoon

· 01-17 15:53

Nothing much over the weekend. Next week, this pre-TGE with 6 BNB should take off, but it's not worth it if the score is low. That wave of FOGO was really frustrating, but luckily we shorted and caught up to tie it, just see if 0.035 can break. The H coin leaderboard is out, 162,000. If I want to get on, it's definitely 180,000, but I'm too lazy to bother. The two airdrop rewards are already quite sweet. Does anyone know if the H rewards have been distributed? I can't see the data. I'll try small short positions again later.

View OriginalReply0

WalletWhisperer

· 01-17 15:41

nah, weekend dusty as expected. that 0.035 breakdown tho... if the pattern holds, we're looking at classic weak-hand liquidation mechanics. the data's starting to cluster in interesting ways, might be worth watching the accumulation phase after the dump finishes.

Reply0

NullWhisperer

· 01-17 15:27

ngl, the whole "6 BNB for arguably zero returns" thing is basically asking to light money on fire... technically speaking, that's just poor risk management

Reply0