$ZAMA No hedging, there are too many reasons. The current price is lower than the public offering price, and the downward space is limited. The risk of shorting is much greater than going long.
The biggest factor for the current decline is that the project party has sold too much currency, especially during the public offering phase. However, many people overlook the method of public offerings. If they want to harvest retail investors, the price should be lower, around 0.04, while the final price of 0.05 is recognized by large holders. Considering that many people have a 10% bonus, the actual cost should be 0.045, which is why the current contract price has gone up.
It cannot be ruled out that large funds may be manipulated, but overall, this project party still has some integrity. The fact that they can set a price of 0.05 with buy one get one free indicates that they are not directly neglecting their responsibilities. It is likely that the opening will experience a temporary increase (or show off), so I believe there is a chance to run above 0.05.
Additionally, considering the information from the off-market, the adjacent airdrop for this currency only cost 1/3 of the received currency, which likely means there will be other activities. Binance should also have activities, and currencies willing to invest in events are unlikely to be dumped directly, at least not in a way that looks too bad.
In summary, I will not hedge.
Set the alarm for 8 PM on February 2nd, and get ready for some fast fingers~!
{future}(ZAMAUSDT)