Today, let's talk about JAILSTOOL Depth.

Dear viewers and big shots, good evening, I am virtual or not. I have been observing JAILSTOOL recently and also have a certain position. I would like to exchange some views on JAILSTOOL with everyone.
JAILSTOOL, short for Stool Prisondente, is closely related to the founder of BarStool Sports, Dave Portnoy, and has nearly 3.6 million fans on X. Thanks to his promotion, JAILSTOOL once soared by 55,000% within 24 hours, with a market value rapidly rising from less than $1 million to about $75 million. From the trend of being listed on spot exchanges, it can be divided into several time periods, as shown in the following chart:
On February 10th from 17:00 to 23:00, a significant outflow of profits before listing led to a waterfall-like market condition.
2. After each market rebound, the time is basically during the U.S. daytime;
3. After each market retreat, the timing is basically during the daytime in China;
4. As for the resistance level, it generally starts to weaken when it reaches around 0.1.
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The above situation, I think, is caused by the following reasons:
1. JAILSTOOL strictly speaking, belongs to the celebrity effect. At present, it has a certain popularity in foreign communities, but is relatively unknown in domestic communities;
2. Therefore, the participation time of different groups determines the performance of the market;
3. Because Dave Portnoy once said on X that he would not cash out until the value exceeds 1 billion, so at each integer threshold, such as 1 billion dollars (unit price 0.1), there will be a certain selling psychology in the market;
4. Dave Portnoy has also said on X that if the market value exceeds 3 billion, he will invite holders to join his yacht party, but for now, it seems a long way off;
5. After each live broadcast by Dave Portnoy on X, the market always has a good response, which is worth paying attention to;
6. Meanwhile, Gate.io platform official also launched the YCB about JAILSTOOL, which started at 500% annualized, now 350%, overall returns are also quite considerable (mainly because the comparison is relatively stable).
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Therefore, overall, I still have a positive view on JAILSTOOL.
The above is my personal opinion. I am virtual or not, welcome your likes, comments, and follow, and exchange your views together.
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