ZAMA (ZAMA)

Today the start of the month is sluggish. Wishing everyone a lucky new month ❤️ $BTC is adjusting, the overall market is slowing down. But all attention is shifting to $ZAMA Current pre-market (≈ $0.06) is pricing FDV about 12× higher than the floor auction 1 NFT OG ≈ 2K4$. I think that price is okay. What does everyone think?

There's a reason why I don't like premakets The only reason this is out here is because of VC . It benefit VCs than any... 0.2 to 0.06 .... Criminal!!!!!!! https://t.co/1u5Jw10glw

A friend of mine started shorting ZAMA early with around $10 margin. Binance was reducing his margin as the profit was rising😹 This is one of the reasons why people hate binance so much https://t.co/EMkwbkfz2F

Been seeing a lot of zama bullposting and unrealistic launch FDV targets on the TL. No doubt, @zama looks bullish but manage your expectations. In case you forgot, one of the rules of new launches is never to anchor your expectations of the token's performance to it's premarket prices. Most tokens launch at an FDV lesser than its premarket valuations. If anything, it should only serve as an indicator of the general sentiment on the token. So for Zama, keep your expectations within 6B FDV. That's a more realistic expectation. Gm

I see a lot of traders and self acclaimed idolos missing the foul play here. The reduction in margin is not as a result of trading fees or funding fees but a result of the scam going on. Here is a pic of the funding fee or trading fee % history on the $Zama pair at binance. https://t.co/VH4JP5lLg2

zama has been dipping hard on binance pre-market, hovering around $600m fdv. lol. if i had the liquidity, that short would’ve printed to oblivion. don’t be emotional and delusional. any opportunity you see to make money, take it. a close friend made serious money shorting, and he’s more bullish on zama than i am long term. pre-markets k*ll tokens. every time. still a win for og nft buyers though. zama effectively launched around $300m to $400m fdv, crime pumped to ~$800m fdv, then dumped hard. do we see another crime pump from here, i honestly doubt it. pre-market gives vcs a clean opportunity to hedge. that alone caps upside. auction buyers are in a tricky spot too. they need a strong narrative to justify bidding, and i doubt the clearing price will be attractive. we’ll see how it plays out. one rule still stands. the moment you notice red flags, leave and hop to the next thing. opportunities are endless.