The big question here is:
Will $MORE pump or dump after its listing on MEXC (and other exchanges) on June 27?
Let’s break it down across key factors.
🔍 1. Community Sentiment = Mixed Hype
-
$MORE has strong backing from a “Riot Mafia” dev team (ex-Riot, ex-Netease, etc.)
-
It’s being promoted in gaming/crypto circles, but doesn’t have a massive cult following yet (compared to $BLUM)
-
Social buzz is moderate, more institutional than viral
⚠️ Conclusion: Respectable—but not a meme-hype monster. Investors will wait to see proof, not ape immediately.
💰 2. Tokenomics = Neutral with Short-Term Risk
| Factors | Implication | |
|---|---|---|
| ‣ 1B total supply | No scarcity edge | |
| ‣ ~18% unlocked at TGE (~180M tokens) | That’s a lot of instant sellable supply | |
| ‣ Private investors = 21.56% | ✅ Good | |
| ‣ Team = 14.94% | ✅ Good | |
| ‣ Airdrop = 6% unlocked fully at TGE | Retail sell pressure guaranteed | |
| ‣ Node Owners = 20% (25% unlocked at TGE) | More sell pressure |
⚠️ Conclusion: High TGE unlock = likely early dump. Unlike $BLUM, there is no token burn or delayed retail vesting. So we should be looking to short the project fairly.
🎮 3. Narrative & Use Case = Strong Mid-Term, Weak Short-Term
-
Moonveil is a Layer-2 for Web3 gaming, built with Polygon CDK
-
Use case: games, NFTs, node operation, staking, in-game assets
-
BUT… no flagship game is live yet. Just tech + pitch + airdrop
⚠️ Conclusion: Great mid-term story, but no real-time demand driver at listing. People will dump the token before real utility comes.
📉 4. Exchange Listings = Pump Risk / Dump Trap
| Factor | Status |
|---|---|
| ‣ Listed on MEXC, KuCoin, Bitget simultaneously | ✅ High volume |
| ‣ Liquidity support likely (Wintermute, etc.) | ✅ Could delay collapse |
| ‣ Many airdrop users & Launchpad buyers | 😬 Will take early profits |
| ‣ Retail assumes “big CEX = pump” | 😬 May buy top → dump follows |
⚠️ Conclusion: Volume will be high. But price direction depends on how long liquidity can mask sell pressure.
🔮 My Forecast: Will It Pump or Dump?
🎯 Most Likely Scenario:
-
Pump in first 1–5 mins due to CEX launch excitement
-
Heavy dump from airdrop and node participants
-
Stabilizes or ranges unless volume holds
Probability Matrix:
| Outcome | Odds | Notes |
|---|---|---|
| ‣ ⚠️ Pump → Dump → Range | 65% | Textbook sell-the-news token |
| ‣ ✅ Clean Pump (sustained >1 hour) | 20% | Only if market makers suppress dumping and whales buy up float |
| ‣ ❌ Instant dump + dead chart | 15% | Unlikely due to multiple CEXs, but not impossible if it opens too high |
🧠 Conclusion:
$MORE is a classic “vested interest launch”:
-
Devs + investors locked = ✅
-
But too many airdrop and early token holders are liquid = 👎
So:
→ Pump early? Yes.
→ Sustain the pump? Unlikely.
→ Best trade? Short the early hype if price rallies >80–100%
🛠️ Trade Tip:
-
If it spikes fast to unrealistic levels → short the top wick
-
If it dumps hard >50% → wait for base + long, but only if volume returns.
⚠️Please note that this is NOT A FINANCIAL ADVISE❌, trading the financial market is a very risky game and thus expectations of gains and losses are normal. Always DO YOUR OWN RESEARCH 💡before entering any trade as you are personally liable for any gain or loss which you might get in the market.
Post a Comment