How is the cost calculated?

The coin #币安LaunchpoolBIO had two auctions held in November by the project team in advance, selling a total of 660 million coins, of which 330 million can be listed for trading immediately, and the remaining will be unlocked after one year.

This time, the Binance airdrop has an airdrop amount close to 100 million. However, the initial auction price was between $0.03 and $0.06 each. What does that mean?

Our cost for participating in mining is approximately between $0.17 and $0.34, a figure I calculated myself.

This means that the holding cost for those who participated in the auction is far lower than what we have in mining on Binance, how can we compete with that?

By January 3rd, when $Bio officially goes live, the coins obtained from the auction will have doubled in value.

The later participants take over from the earlier ones.