The way POWER is being played is a bit outrageous. The big players in the primary market bought in at up to $0.11, but now in the secondary market you can buy it freely at $0.06. What's going on here? Institutions are getting totally trapped, while retail investors are actually getting a bargain.
What's even crazier is that Sky Mavis (the team behind Axie) is backing it, and the FDV is only $60 million. That valuation is ridiculously low, like turning a trump card into a single 3.
Personally, I think it's worth considering getting in below $0.08. After all, it's rare to be able to get in at a lower price than institutions in the secondary market. Of course, DYOR and take responsibility for your own risks.
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SchrodingerProfit
· 13h ago
Institutions reaping profits actually made it cheaper for us retail investors, this move is pretty interesting.
Sky Mavis endorsing a $60 million FDV does seem quite attractive.
Cashing out at 0.08 is not a loss.
This is true contrarian thinking.
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NeverPresent
· 13h ago
Institutions are stuck, haha. Now it's our turn to pick up bargains.
Sky Mavis-backed FDV is only $60 million—this price is really outrageous, I'm tempted to get in.
If it drops below 0.08, I might consider buying some, it's much cheaper than the primary market anyway.
This kind of thing is indeed rare, but we still need to be cautious about the risks.
Take a gamble? Or should I wait and see, I'm feeling a bit itchy.
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TaxEvader
· 13h ago
Haha, the institutions really got what they deserved this time, we managed to counter them.
Sky Mavis-backed FDV is only $60 million? That's basically giving it away, if it drops below support I'm jumping in.
You can get in at $0.06, while institutions got their chips at $0.11—it's a worker's paradise.
Honestly, this market cap is ridiculously low, feels a bit off, but it's definitely tempting.
Hurry up and buy the dip before the institutions catch on.
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HackerWhoCares
· 13h ago
Institutions are getting rekt, and we get to pick up bargains instead. This script is just perfect, haha.
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LostBetweenChains
· 13h ago
Haha, the institutions really took a big loss this time, it's a great opportunity for retail investors to pick up bargains.
Sky Mavis-backed FDV is only $60 million? This project is way too cheap.
At 0.08, I have to consider buying a position, anyway DYOR.
The way POWER is being played is a bit outrageous. The big players in the primary market bought in at up to $0.11, but now in the secondary market you can buy it freely at $0.06. What's going on here? Institutions are getting totally trapped, while retail investors are actually getting a bargain.
What's even crazier is that Sky Mavis (the team behind Axie) is backing it, and the FDV is only $60 million. That valuation is ridiculously low, like turning a trump card into a single 3.
Personally, I think it's worth considering getting in below $0.08. After all, it's rare to be able to get in at a lower price than institutions in the secondary market. Of course, DYOR and take responsibility for your own risks.