New token in my degen portfolio - $BIAO (ETH)
I'm gonna take a risk and share a RISKIER trade than I usually share, so please be adults and DYOR!
So after I see how hard the Chinese meta is mooning, the new token $BIAO (ETH) seems like it can run.
Reasons why it can moon:
- VERY high volume. 10mil volume in day 1
- BIAO is the most known Chinese meme
- MC is still very low (5mil)
- Not many people are talking about it yet
Reasons why it can go to dust (dump):- I've already seen $BIAO tokens in the past. It's not the first one
- Only day 1, very volataile
- We can't know how strong is the floor.
When I am calculating the R/R, it seems like a
HIGH RISK trade but one that can yield GREAT profits IF it runs.
People asked me to share higher risks stuff so let's try it.
Current MC & chain:
5mil on ETH
CA:
0x9fd9278f04f01c6a39a9d1c1cd79f7782c6ade08
Chart:
https://www.dextools.io/app/en/ether/pair-explorer/0xe99191b4a562ccb416ea8e00085e13105cf80639?t=1717936676811
Twitter:
https://x.com/Overdose_AI/status/1799782767032684779
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