The MMT trading event has an absurdly low threshold—trading just 1050U allows you to enter the inclusive pool, with 40,000 spots available, you can reliably get 25 tokens. However, I was a bit slow to react; by noon, I checked the backend and saw the number of participants had skyrocketed to over 80,000, and the spots were already gone.
After reviewing, the clues are actually all there: major exchanges list new coins, and there is a high probability of accompanying trading incentives; the announcement wasn't made too late, it was released yesterday afternoon around four o'clock, and the event started on time at six. The problem lies with me—I didn't take this type of announcement seriously at all, assuming the level of participation wouldn't be so high.
It turns out that retail investors have a keener sense than expected. This nearly zero-cost benefit of ( trading dividends has a yield of about 0.15%, which is indeed not worthwhile for ordinary users, but the inclusive rewards are purely given away ), so naturally, many people rush to grab them.
The lesson is simple: keep a close eye on the platform's new coin dynamics, and don't just skim the headlines of announcements. For similar activities next time, decisions should be made at least two hours before the start—either participate or clearly give up, don't get stuck in the "I'll see and then decide" gray area and waste opportunities.
Sometimes, the information gap is worth these dozen bucks.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
6
Repost
Share
Comment
0/400
ColdWalletGuardian
· 11-08 05:36
The retail investors have figured it out again. Slipped away.
View OriginalReply0
NftBankruptcyClub
· 11-07 03:18
Do retail investors really have that much money? I don't believe your nonsense.
View OriginalReply0
GateUser-a5fa8bd0
· 11-05 06:56
Retail investors have once again outperformed me.
View OriginalReply0
SelfStaking
· 11-05 06:55
Retail investors are the real smart ones.
View OriginalReply0
FantasyGuardian
· 11-05 06:55
It's another case of Musk's hindsight wisdom.
View OriginalReply0
WagmiWarrior
· 11-05 06:40
Isn't it nice to earn some sweet rewards casually?
Watching helplessly as a dozen knives flew away.
The MMT trading event has an absurdly low threshold—trading just 1050U allows you to enter the inclusive pool, with 40,000 spots available, you can reliably get 25 tokens. However, I was a bit slow to react; by noon, I checked the backend and saw the number of participants had skyrocketed to over 80,000, and the spots were already gone.
After reviewing, the clues are actually all there: major exchanges list new coins, and there is a high probability of accompanying trading incentives; the announcement wasn't made too late, it was released yesterday afternoon around four o'clock, and the event started on time at six. The problem lies with me—I didn't take this type of announcement seriously at all, assuming the level of participation wouldn't be so high.
It turns out that retail investors have a keener sense than expected. This nearly zero-cost benefit of ( trading dividends has a yield of about 0.15%, which is indeed not worthwhile for ordinary users, but the inclusive rewards are purely given away ), so naturally, many people rush to grab them.
The lesson is simple: keep a close eye on the platform's new coin dynamics, and don't just skim the headlines of announcements. For similar activities next time, decisions should be made at least two hours before the start—either participate or clearly give up, don't get stuck in the "I'll see and then decide" gray area and waste opportunities.
Sometimes, the information gap is worth these dozen bucks.