That RLS short was incredibly satisfying—bagged an 8x straight away!



Honestly, the background of this token is really solid—an L2 project officially backed by Tether, with a launch market cap at top-tier levels, and a team with strong credentials and vision. But the more legit the project, the more they stick to the rules: promised airdrops must be delivered, and a large batch of tokens is about to be unlocked.

Here’s the key point—the team needs to protect early institutional and whale investors first, so there’s no way they’ll let retail holders cash out all their airdropped tokens at the top. Once you figure out that logic, the sell pressure becomes obvious.

So I decisively went with the trend and shorted at just the right time—snagged that 8x in one move. In moments like this, you have to act boldly; market sentiment and token distribution were both on the bears’ side.

The market’s still moving, and there will be more opportunities ahead. Those who get it, get it. If you don’t, just watching can teach you something.
RLS-4.31%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
DataOnlookervip
· 13h ago
8x is indeed awesome, but I feel like there's something off with this logic... Is Tether's backing really that reliable?
View OriginalReply0
LiquidityWhisperervip
· 15h ago
8x is really awesome, but I think the logic is just so-so. People have already hyped similar tricks in Telegram before. But to be fair, Tether’s endorsement can really impress a lot of newbies. The question is, will the same trick work next time?
View OriginalReply0
ImpermanentPhilosophervip
· 15h ago
Damn, I’m impressed by this logic. They really have a thorough understanding of the selling pressure.
View OriginalReply0
SnapshotBotvip
· 15h ago
Damn, 8x! That's some serious luck. Why do I always miss out?
View OriginalReply0
ApyWhisperervip
· 15h ago
Damn, this tactic is really ruthless, but I think there’s still more dumping to come. The token unlock wave has only just begun.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)