1d ago
3x on $MEGA already?
With @HyperliquidX pre-launch markets, I notice there's often a very tiny window to get exposure at a wild valuation.
Just 2 minutes after the $MEGA market went live, price wicked below $0.23 for literally a second. I put a limit in immediately after in case it dropped further but didn't get the chance to fill. There was around 3 minutes where you could have market bought below $0.3 (3b FDV) but then larger bids soon came in and price crept up to $0.67 (6.7b FDV).
This isn't the only time it's happened, saw something similar with $XPL @Plasma but sometimes it goes the other way round too like with $MON @monad where you can short.
& if you're wondering, yes I bottled it. Next time lmao.
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