0xSun: There are too many disagreements on pump.fun token issuance, and different strategies can be formulated according to the speed of the public sale.

Crypto KOL 0xSun (@0xSunNFT) posted on the X platform, advising investors to develop different hedging strategies based on the public sale situation.
If the public sale is slow, you can choose not to participate at all. If the public sale participation is progressing quickly, you can participate in hedging, provided that you have sufficient margin. The risk is the 24-72 hour token distribution interval after the public sale ends. "One scenario is that the market-making contract liquidates short orders. The countermeasure is to leave enough margin, which is equivalent to reducing capital utilization to improve security. The second scenario is that spot trading opens earlier than the token transfer time. By manipulating the spot price to pump the price, even if the contract price does not follow, it will become a negative fee rate. If retail investors who are hedging do not close their short positions, they will be tormented by the fee rate. If they close their short positions, then the tokens in their hands will become naked longs, and they will have to bear the risk of token price fluctuations." [Odaily Planet Daily]