$ROBO The contract started to pull back after reaching this limiting price close to 0.04. The cost price for the new investment is at 0.04. Currently, it seems that @Fabric Foundation has a promising future. Why do I say this?
Let's discuss the core logic of Kaito's new investment. Friends who understand should know that there's no need to panic when the opening price drops below the issue price.
First, let's talk about selling pressure. Everyone has been worried about the new investment being dumped, but the reality is that the total amount of people participating in Kaito's new investment is just over 200w+. Considering that many have opted for refunds, the actual supply that can form selling pressure at the spot level is estimated to be around 100wu, which is really not much.
Then, regarding airdrops, they account for 5% of the supply. The vast majority of people have long since left below the so-called "Kaito new investment cost price." Therefore, after 18:00, the selling pressure that can emerge will also not be significant and can basically be ignored.
What surprised me the most is the project team. This is the first time I've seen such a conscientious team in a long time – because the market environment is so poor, they actually provided all public offering participants with a refund channel. It's important to note that this is not a guaranteed compensation play; rather, they are willing to give everyone a chance to reconsider without promising compensation. This sincerity is truly rare in today's market.
Considering these three points, even if the opening price drops below the issue price, it’s not a bad thing. There’s a higher probability that the project team is using the narrative of the "Kaito new investment price" to attract short liquidity. As long as the short positions accumulate enough, subsequently breaking through the price of 0.4 will actually be very easy, and it might even be a good time to enter. #robo