I didn't expect the first topic today to be about $GPS. Before going to bed, I heard that GPS was listed on #Binance for an airdrop, which sounded pretty good, so I immediately told my friends that it might be time to sell. At that time, it had just been announced and hadn't gone live yet, and the price was around $1.7.

I have a position in GPS, and I've held it for quite a while. Even during the downturn, I didn't sell. Not only did I not sell, but my friends who knew I had it also didn't sell, so we can see that the price of GPS has actually remained quite stable.

Getting listed on Binance is indeed a positive development, but on one hand, once it reaches Binance, it might hit a ceiling. Given the current market conditions, what more can we expect? On the other hand, there are too many people holding positions; everyone seems to have a good perspective on this, believe it or not, it's true. But in the current market, a sudden surge is something everyone understands.

In fact, many friends didn't sell before or after the Binance listing. I also didn't sell my airdrop portion, mainly because I was asleep. If I hadn't been asleep, I still wouldn't have known. The main reason for the price halving at the opening is that the market is really bad; no one wants to be stuck holding it, especially since the $BNB airdrop was given without any cost.

To be honest, unless it's a project that just launched, people might still have some perspective in this market. However, for projects that have been in the secondary market for a long time and have decent K-line performance, they are indeed prone to concentrated sell-offs.

But honestly, GPS is one of the few projects in the industry that is genuinely doing something, especially in the field of security. Moreover, it has been online for such a long time without seeing significant sell-offs, and there are quite a few people holding positions. So, I won't sell my airdrop portion; I'll hold onto it for now, just like I said, and wait for the market to warm up (if that happens) before making any decisions.

This post is sponsored by @ApeXProtocolCN | Dex With ApeX

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