Bought SHIDO on Uniswap — Microcap Buy with High Risk
I bought SHIDO on Uniswap V2 at 0.00000003819 WETH (~$0.0001703), spending 0.02563 WETH (~$114.30) for 669,660.63 SHIDO. This is a new position for me.
The token has a market cap of about $2.4M, so it’s a microcap speculative play with significant upside potential but elevated risk and volatility.
I will watch liquidity, holder concentration, and on-chain activity closely, use strict position sizing, and set clear stop-loss and take-profit levels.
Analysis
Recommendation
Small position only, keep strict risk management: verify on-chain fundamentals, monitor DEX liquidity and transfers, set stop-losses, and scale out on strength.
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.