.@ritualfnd's korea debut this week was a massive success.
- our two events were both supposed to be intimate community gatherings but had over 2k sign-ups
- several 10k+ subscriber Korean channels distributed our luma links organically without any prior engagement
- people at the events were excited, engaged, and asked the right questions about ritual
all of these happened before we paid a single KOL. the future of crypto x ai is in asia.
teams that already launched tokens need to spent time thinking through the market dynamics of their token.
you need to understand that your circ. tokens do not exist on the market in a vacuum. they are in the hands of various players with different levels of trading skills and intentions that all together manifest in price actions.
with this in mind, and your goal being that you want price goes up, what you need to do is pretty simple:
1. understand the varying degrees of trading skills and motivations of these holders, including their entry, tp, sl (if they have any)
2. redistribute these tokens from the shrewd hands to the dumber/less price sensitive ones.
the second step is the so called rotation, except that its actually needed. it allows those who have 100x on ur coins exit gracefully and attracts a new group of followers that are here for the next 50% - 100%.