X @wale.moca 🐳
wale.moca 🐳·2026-03-22 10:31
Backpack TGE tomorrow. I've been trading it on @Polymarket over the past few weeks.My average entry into "no" at $500M USD FDV was around $0.40 USD. Currently up 3–4x, but I've taken profits along the way.Given the current bearish environment for TGEs, this was an easy "short".However, I'm closing all positions going into TGE day tomorrow, as FDV can always be manipulated in the first 24 hours after launch (see Moonbirds) ...