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$ZAMA went from $0.22 to $0.059 in 10 days.
My read: this is pre-market doing what pre-market does.
> Shorts have been feeding since day one.
> OG holders are sitting on 12x waiting for claims to open.
Everyone knows more supply is coming after the auction ends Jan 24 and claims go live Feb 2. So the market is front-running the sell pressure.
Same thing happened with MEGA, LINEA, MON. Pre-market listings have been brutal across the board lately.
I bought the community sale at $0.005. Not because I think the chart looks good right now, it doesn't. But because I think the price will make more sense once the auction clears and the dust settles.
Could go lower before it goes higher. That's fine. I'm not trading it.