Keep writing this series, even though it might offend some people.
Regarding the listing on Bithumb, Parti's performance is hard to evaluate. A few days before the listing, the price started to pump, reaching a $100M position before triggering a wave of contract liquidations and then quickly falling back. Afterward, it continued to decline steadily, and by the time it was listed on Bithumb, there was no momentum left to push it further upward.
This could be seen as preemptive dumping by insider trading or as a team operation mistake. Overall, the execution felt quite sneaky.
Similarly, Alpha (IDO) - Bybit - undervalued VC coins from Korean exchanges (institutional round costs are around 20M) follow a route where Haedal is much more moderate compared to Pump. On one hand, the Sui ecosystem has more expectations and buying based on project fundamentals compared to the Btc ecosystem (the Cetus series is also more rule-abiding in their operations). On the other hand, if the market is expected to continue to perform well, naturally taking it slow offers more opportunities.
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