Bought SHIDO: New Small-Cap Speculative Position
I bought SHIDO on Uniswap V2 — 595,845.06 SHIDO for 0.02237 WETH (~$101.85). This is a new buyer position for me.
The token price was 0.00000003746 WETH (~$0.0001705) at purchase, market cap ~ $2.41M and 12,076 holders. I view this as a small-cap, high-risk speculative trade.
Analysis
Recommendation
I opened a small position; others should only allocate a tiny portion of capital, confirm token contract and liquidity, and use strict risk management (limits or stops) when trading SHIDO.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.