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#CEL cel Is it a huge missed opportunity for wealth and prosperity?
I always thought that the market cap should be at least several billion US dollars, and I didn't research whether the so-called 94% token destruction is a proposal or has already been destroyed, so when the news came out, I naturally thought it was just a hype and it would be difficult for such a high market cap to be sustainable. And then it burst...
Just now I was curious and did some research, only to find out that the pump I missed had a market cap of only over 5 million... Isn't this the same as a solo pump in a dog-eat-dog game?
The most important thing is that in September 23, 4.30 has already been confirmed to actually destroy 94% of the tokens, which means that as long as the large investors or dealers who pay attention have enough time to accumulate for more than half a year, the actual circulating accumulation cost of millions is very small. Then, after the project party destroys it, it means that CEL has no external selling pressure at all, and it becomes a fully circulating token with only a few million market capitalization. In addition, with some dealer's accumulation, the actual chips in the hands of retail investors are even fewer, estimated to be less than a meme token, but they have the added influence of a relatively well-known exchange and overwhelming external news flow. Considering all these factors, the explosive rise seems quite reasonable...
Ah, I can only say that prejudice made me miss an opportunity. If I had done some research in advance, I would definitely have found the right entry point at any time.
At present, the actual circulating supply of CEL is about 40.6 million, with a price of about 0.9u, which means it has reached a market capitalization of 40 million. Do you think 40 million is expensive?