An exciting cryptocurrency trading competition is about to begin, running from August 21 to September 4. This event features that both buying and selling will count towards the volume, and limit orders will receive four times the calculation weight, which will undoubtedly attract a large number of traders to participate.



The competition involves multiple encryption currencies, including PLAY, REHA, IN, EGL1, and RION. Based on current market prices, the valuations of these tokens are approximately $69, $65, $67, $61, and $73, respectively. These prices reflect the market's current assessment of these tokens, but it's also worth noting that the high volatility of the encryption currency market may lead to significant changes in these valuations in the short term.

However, participants need to proceed with caution. Aside from PLAY and IN, the other three tokens are currently not available for contract trading. This means traders cannot manage risk through traditional hedging strategies. Therefore, there is a potential risk: after the event concludes, these tokens' prices may experience a significant drop, posing potential losses for participants holding large positions.

In this situation, traders need to weigh the potential high returns against the corresponding high risks. For experienced traders, this may be an opportunity to profit from market fluctuations. However, for beginners, extra caution is required to avoid unnecessary losses due to excessive speculation.

Regardless, this trading competition will be an important event in the encryption currency market, worthy of attention for its impact on the entire market ecosystem. Participants should carefully decide whether and how to participate in this competition based on their risk tolerance and investment strategy.
IN1.77%
EGL1-0.77%
RION1.83%
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BlockchainTalkervip
· 17h ago
actually, this is textbook market manipulation 101... smh
Reply0
ChainSherlockGirlvip
· 17h ago
Oh dear, it's clearly a feast for playing people for suckers.
View OriginalReply0
BlockchainBardvip
· 17h ago
a play people for suckers harvesting machine that guarantees profit
View OriginalReply0
PretendingSeriousvip
· 17h ago
Don't Be Played for Suckers anymore.
View OriginalReply0
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