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#Gate广场四月发帖挑战 $BULLA The bottom has increased by 4 to 5 times. Why did it rise? I think there are two potential reasons:
First: The market cap is extremely low, having dropped to a minimum of 1 million in market cap, making it the lowest market cap among Binance contract tokens;
Second: There are tokens with potential unlocks. This token previously experienced a sharp surge, during which the project team surprisingly sold unlocked tokens. They probably kept some tokens in the contract when deploying it, and some may still be due to unlock now.
Tokens that have already surged like this won't spike again easily, for a simple reason: the previous chips have already been sold off after the rise. To surge again, it would need to gather even more chips, and if funds are insufficient, it will be targeted by larger investors!
Therefore, it's better to short on rallies. Lao Liu has increased some positions. This token has lost credibility and will definitely be delisted later!