BlockBeats News, July 12th, Smart Money、 Crypto KOL 0xSun (@ 0xSunNFT) posts an article discussing the participation and trading strategies of pump.fun coin issuance. It is suggested that investors can develop different hedging strategies based on the public offering situation.
0xSun suggests that if the speed of public sales is slow, you can completely choose not to participate. If the progress of participating in the public sale is fast, one can participate in hedging on the premise of leaving sufficient margin, and the risk is the token distribution interval of 24-72 hours after the public sale ends. One situation is when the contract is short and the response is to leave enough margin, which is equivalent to reducing the utilization rate of funds to improve security. The second situation is when spot trading opens before the token can be transferred, and by manipulating the spot price to sell, even if the contract price does not keep up, it will become a negative rate. If individual investors who hedge are not short, they will be tortured by the rate. If they are short, their coins will become naked long, and they will have to bear the risk of currency price fluctuations
