Recently, Binance launched the rats contract first, which directly detonated the market of the entire Inscription track. We can get a glimpse of the basic logic of the future market trend of Rat from the trend of the meme currency $bonk, which is "first listed on the contract, then on the spot" (assuming that Binance will definitely list the rat spot).

Bonk coin has been rising dozens of times since October this year, and its communication power has gone out of the circle. (Mainly concentrated in Europe and the United States) Both the narrative and the model are very similar to $rats. (Introduction to bonk: "the meme leader of the sol chain" and "the dogecoin of sol", initiated by foreign communities, but not very popular in China. The peak market value is $2.5 billion)

Due to the rapid growth of bonk, there is a circle-breaking effect, which has attracted attention.

Binance struck while the iron was hot and issued a contract launch announcement at 6:00 pm on November 22. At this time, bonk’s market value is approximately: 350 million.

After this news, bonk quickly rose and fell. And in the next period of time, the decline was about 40%, almost halving. Then began a week or so of volatile market conditions.

Binance only announced the launch of the contract within a week, which is also the most difficult time for bonk holders.

The currency price basically remains at: the high point the day before the contract went online - cut in half. A large number of chips counterattacked, and profits were cleared. Time of halving and sideways oscillation: 10 days. At this time, the rising popularity dissipated and countless people had already got off the train.

On the 11th day after the announcement of Binance Futures, the volatile market ended. On December 2, the K-line showed its first breakthrough signal. The currency price is approaching its previous high. Causes fomo! After the first breakthrough, prices surged upward again, turning into bulldozer mode. After rising for 13 consecutive days, the currency price rose from 0.0000037 to 0.000035, eliminating one zero and rising approximately 10 times!

Finally, on December 15th, Binance announced again: the launch of bonk spot trading, which caused a stir in the audience! The highest market value is approximately US$2.5 billion! Review at this point: Bonk coin is the same as the mouse, both are meme. Before the Binance contract went online, the price increased by about 30 times, and after the contract went online, it increased by 10 times. Ignoring the two halvings of Binance’s launch, as of that day, $bonk had increased by a total of 200 times! This is only the early days of the bull market! Those who hold have wealth and freedom!

Summary: bonk and $rats are highly similar in terms of nature, exit method, Binance’s attitude towards it, and Binance’s launch method (listing to contracts first). It can be used as a reference to some extent!

Come on, I am an inspirational brother in the currency circle, an old leek who sincerely wishes you to get rich!

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