📉 $ZRO
SHORT ALERT: Why I Just Loaded a 300k Short Position! 💣
I am increasing my short position on $ZRO (LayerZero) to 300,000. If you don't have a position yet, now is the time to look.
Why I Am Betting Against It:
The "VC Coin" Curse: 🏦
This is a typical Venture Capital coin. They hyped the financing at launch, but the private investors hold chips at a very low cost. They can dump at any price and still profit.
Ecosystem Fail: ⚠️
The project has transferred to the Cosmos ecosystem, which hasn't helped. The ecosystem activity is weak ("not great"), and the user base isn't there.
The Setup: 📉
Bad chips distribution + weak ecosystem = No reason not to short.
My Move:
I'm aggressively shorting. The fundamentals don't justify the price.
Trade Smart. Short the Hype. 👇
#zro #LayerZero #CryptoShortage #BinanceSquareBTC #BinanceSquare