Current $PAAL sell off makes no sense, the coin made 1000x+ move in 2024 and everyone who got in early could have sold do massive gains.
Snipers and early holders are almost all out during the last sell off due to token migration with FET, which leave the final question … who’s selling here !?
Long term holders ? To chase quick gains ( possibly ) but that means they will comeback later
Market makers trying to cause a cascade sell off to make everyone sell so the team can load up heavily at much lower prices before huge announcement !? Also possible
Time for conclusion; to hedge myself I’ve decided to liquidate 50% of my position and buy $LAUNCHCOIN and will buy back later on
Thank you everyone
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