Using $SOON as an example, we can see how VCs make money even in a market like this
Here’s what happened:
🔹 All holders were flushed out by a massive dump.
🔹 Those who hedged their allocations got liquidated (SOON launched with a sale)
🔹Those who entered after those liquidations also got liquidated after another sharp move upward
This pattern was impossible to predict unless you were part of the team or had inside information. Why such thoughts? Because the NFTs with a *12-month vesting* were being accumulated in huge amounts by a single group of wallets
That’s how money is printed out of t

Using $SOON as an example, we can see how VCs make money even in a market like this
Here’s what happened:
🔹 All holders were flushed out by a massive dump.
🔹 Those who hedged their allocations got liquidated (SOON launched with a sale)
🔹Those who entered after those liquidations also got liquidated after another sharp move upward
This pattern was impossible to predict unless you were part of the team or had inside information. Why such thoughts? Because the NFTs with a *12-month vesting* were being accumulated in huge amounts by a single group of wallets
That’s how money is printed out of t

The most interesting stage is waiting for the AMA to find out what our #TGE will be like
🟦We have two possible TGE paths for @ranger_finance
1⃣ICO on Jupiter — in this case we’ll also see CEX listings
2⃣ICO on MetaDAO — in this case the launch will be fully on-chain

🟨Market recap:
I can say a lot of negative things and almost nothing positive
Honestly, belief that we’ll see an upward move right now seems unrealistic - there’s no reason for it, while the chasm of problems we’re facing is very real
So I’d recommend clearing out about 80% of altcoins from your portfolio and calmly observing
To clarify, I’m not saying the bottom is this month, but what nobody wants to see is just a prolonged bad market for about six months (+-) — and that’s what I see: slow, with bounces, but overall a move downward
🔹In short, yes — I’m taking a globally bearish position. I

🟨Market recap:
I can say a lot of negative things and almost nothing positive
Honestly, belief that we’ll see an upward move right now seems unrealistic - there’s no reason for it, while the chasm of problems we’re facing is very real
So I’d recommend clearing out about 80% of altcoins from your portfolio and calmly observing
To clarify, I’m not saying the bottom is this month, but what nobody wants to see is just a prolonged bad market for about six months (+-) — and that’s what I see: slow, with bounces, but overall a move downward
🔹In short, yes — I’m taking a globally bearish position. I

if you’re fully in altcoins, I think this will come in handy

if you’re fully in altcoins, I think this will come in handy