$SHAR
-8.67%
$Neiro
-7.73%
I refused $SHAR cz don’t know the team and narrative. It’s understandable for KOLs to accept promoting cabal tokens. After all, promoting VC tokens is the same thing, but promoting cabal tokens is actually better because the market cap is smaller. I believe that the early participants in cabal tokens are similar to ICOs, helping the project raise its first pot of gold. The project team can then use this money for market-making, PR, marketing, and listing, which, in turn, benefits the the earliest group of buyers (the ICO participants). Everyone works together to grow the market cap and attract more participants, which is actually better than promoting VC tokens with tens of billions in FDV on Binance. Therefore, it tests the project team’s character and capabilities. In this case, the first batch of buyers and the KOLs are essentially the “VCs” and institutions, meaning the early participants have a much higher chance of profit than buying VC tokens already listed and waiting for other VCs to take the dump. Under the rules of these cabal groups, the KOLs and the first batch of buyers are effectively the VC. KOLs are the angel round, and the retail investors follow in series A, B, C, Occasionally, a project like $Neiro gets listed on Binance, and they hit the jackpot. This is the new model in the crypto world.
From X

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