DAM tokens surged by 3.1% earlier today, and the story behind it is worth dissecting.
From the data perspective, there have indeed been many optimistic signals over the past half day. Data shared by traders on the X platform shows that holders have realized a profit of 1764%, while technical analysis suggests a potential upside of around 400%. These numbers sound crazy, but there is concrete support behind them — large holders are continuously building positions, and Layer-2 integration plans are also progressing. CoinMarketCap’s community sentiment tracking indicates that 80% of the voices are positive, mainly driven by FOMO effects.
From an operational standpoint, many contract traders are looking at long opportunities for DAM/USDT. The short-term target points to the key resistance at $0.03, but remember to set a stop-loss — placing it at the recent low of $0.02 can effectively mitigate the risk of a pullback after a pump. Market sentiment is there, but risk management must keep pace.
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DustCollector
· 5h ago
It's that same FOMO narrative again, with a 1764% profit figure that sounds outrageous, most likely the record of early ambushers...
The $0.03 target is a bit aggressive, risk management really needs to keep an eye on stop-losses.
Is this wave of large investors building positions reliably, or is it another pump and dump game...
Is Layer-2 integration a real breakthrough or just hype? We need to follow up with actual progress.
Why does it always feel like 80% of positive voices are just the night before a big chop of the leeks...
DAM's funds are a bit uncertain, still depends on the subsequent volume performance.
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CryingOldWallet
· 5h ago
1764%? That's an outrageous number, who would believe it haha
It's the same story about big players building positions, always the same explanation
Wait, can 0.03 really hold steady? Feels like we're about to get cut again
This wave of FOMO is too obvious, 80% positive voices actually make me nervous
Be careful with this DAM project, don't be the last to get caught
A 0.02 stop-loss is a bit tight, need to leave more room
A 3.1% daily increase, and that's the story?
I don't see how the Layer-2 positive news is a good thing, can someone explain?
Feels like the 400% upside expectation is too inflated
I saw big players building positions, but it seems like they're still selling?
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MevSandwich
· 6h ago
1764% profit? Man, these numbers look a bit suspicious to me, the FOMO component is too strong.
Wait, are the big players really building positions? Or is this another round of harvesting?
Stop-loss needs to be set properly, don't touch that 0.02 line, or you'll really become a leek.
However, if Layer-2 really advances, there is some room for imagination.
Whether it can break 0.03 this time depends on how it moves later; relying solely on sentiment won't last long.
80% positive voices sound ridiculous; the market is so euphoric that caution is needed.
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OffchainWinner
· 6h ago
1764% profit? That number sounds outrageous, a typical survivor bias, those who lost money have no voice.
Can it hold at 0.03? Feels a bit shaky.
The 80% hype built up by FOMO, wake up everyone.
Big investors build positions, but us retail investors should just set proper stop-losses.
Layer-2 integration isn't coming together; how long can this market last? Question mark.
Another short-term surge, haven't we learned enough from last year's lessons?
Looks quite tempting, but a 3.1% increase with so many stories attached is really overhyped.
DAM tokens surged by 3.1% earlier today, and the story behind it is worth dissecting.
From the data perspective, there have indeed been many optimistic signals over the past half day. Data shared by traders on the X platform shows that holders have realized a profit of 1764%, while technical analysis suggests a potential upside of around 400%. These numbers sound crazy, but there is concrete support behind them — large holders are continuously building positions, and Layer-2 integration plans are also progressing. CoinMarketCap’s community sentiment tracking indicates that 80% of the voices are positive, mainly driven by FOMO effects.
From an operational standpoint, many contract traders are looking at long opportunities for DAM/USDT. The short-term target points to the key resistance at $0.03, but remember to set a stop-loss — placing it at the recent low of $0.02 can effectively mitigate the risk of a pullback after a pump. Market sentiment is there, but risk management must keep pace.