Friends who often follow my content should have the impression that I have said many times in August and September that $LISTA is a target worth paying attention to and hoarding. The reason why I said so is actually very simple. The first one follows the logic of "picking the shortest one among the tall ones".
From the chart below, we can see that among the BN new coins listed this year, excluding the Meme sector, among the VC coins recognized by the market, LISTA is the one with the largest circulation and the lowest market value. What does this mean? As a new coin target in a new cycle, I think it will face two results:
(1) Other new currencies are seriously overvalued
(2) Lista is underestimated
I personally prefer the latter. Putting aside the business fundamentals, of course I don’t think LISTA is a target that occupies a leading position in the industry, but its ecological position is very special.
First of all, as Maker DAO on BNB Chain, it was wholly acquired by BN. Many people are saying that the XX coin on it is BN’s own son, but from a primary perspective, Lista is the most qualified one to say so.
On the other hand, judging from the personnel changes in BNB Chain in August and September, they will focus more on developing the on-chain ecosystem and increasing BNB Chain's market share. Combined with the first point, as Maker DAO on BNB Chain, I think there is a lot of room for imagination in the future.
When I first recommended it, the market value was around 53 million, and the current market value is close to 70 million. Even so, it still has certain advantages compared to other targets.
(The last section is about the technical analysis perspective and the strategy given)
1.Lista DAOVS Maker DAO🔻
First of all, in terms of TVL, Lista certainly cannot compete with the current MakerDAO, but in terms of product design, Lista has advantages that other similar liquidity pledge protocols do not have: using BNB as the anchored liquidity pledge asset, it will not lose Launchpool income.
I think this is the more interesting aspect of Lista’s product updates. In fact, the principle is very simple to explain, but in practice, due to the hard cap limit of Launchpool, I don’t think this situation can be achieved by any protocol that says it wants to do BNB liquidity staking.
BNB's irregular "shovel" attribute is also an advantage that no other cryptocurrency assets have. Through the design of slisBNB, Lista has enabled the concept of liquidity staking to liberate the liquidity of the staking nodes in addition to its original motivation, and also liberate the staking liquidity of Launchpool.
To put it simply: BNB could only be used for new issuances before, but the slisBNB of Lista product can obtain other additional benefits while obtaining the benefits of new issuances.
In the latest product line, the launch of clisBNB allows you to obtain Launchpool benefits while using the lending services provided by Lista itself.
For those who have not used Lista products, this may sound a bit confusing. In plain words:
(1) slisBNB = certificate of staking BNB
(2) clisBNB = a certificate for borrowing BNB
The former can be circulated and earn more profits on the chain, while the latter is not circulated and only earns Launchpool profits based on lending.
2. Lista increases BNB on-chain revenue🔻
What is the significance of the clisBNB launched by Lista? It is very simple, it further liberates the on-chain activity of BNB #ListaDAO将Launchpool收益引入DeFi . One issue we need to consider is that before slisBNB and clisBNB, BNB holders who wanted to obtain Launchpool rewards could only put BNB in transactions, and because the frequency of Launchpool this year is not low, many people actually would not consider putting BNB on the chain to explore any on-chain ecology.
After the emergence of slisBNB, BNB holders have more room for on-chain income, and after staking slisBNB, your Launchpool income remains unchanged. In other words, this improves the asset efficiency of the BNB coin itself through staking, turning it from positive to more positive.
clisBNB can motivate BNB holders to explore BNB Chain. Imagine that I use BNB as collateral to borrow U. Then I can use U to obtain income from other Defi protocols, but my BNB will be crushed and I will not be able to obtain income from Launchpool. clisBNB solves this problem and allows our collateralized BNB to participate in the Launchpool income pool.
Based on the above logic, from another perspective, Launchpool is actually siphoning the liquidity and development space of Defi on the BNB Chain. I think it is very clear here.
Lista's series of products is to liberate BNB from the exchange. Compared with other POS chains that obtain income through node staking, they are more focused on liberating the liquidity of native assets staked on the nodes. I think it is more important to liberate liquidity from Launchpool on BNB.
Lista is adapting to local conditions and doing this. I think this narrative point is very attractive and far more practical than other new coins. In this track, Lista has no competitors, but its current market value is less than 100 million.
3. Technical perspective🔻
At the end of this article, I will still analyze from a technical perspective to see which position has better opportunities and what strategies we should adopt accordingly.
LISTA currently shows initial signs of decline at the daily K-level. If we zoom in, we can see it as a large triangular relay structure. Since it is a large cycle, there is a relatively large space for our relay.
Considering only the spot market, my opinion is still that if you can get on board at a market value of around 55 million, the profit and loss ratio will be very good. If LISTA falls to the lower edge of the pattern I drew above, the market value will be about the same, and the specific price is around 0.32.
This position layout has support resonance and will be very stable. Even if the spot price finally falls below this lower edge, you only need to consider covering your position.
There is no reason to aim for 20 or 30 million, otherwise you would really lose face.
In addition, based on my initial market value comparison chart, I will post it again. Even if LISTA eventually catches up with the market value of other new coins, which is about 100-200 million, there is still several times the room for growth.
In summary, $LISTA I think it will not fall to 30 million if it falls, and if it rises, even if it is compared with other new coins, there is still room for it to rise several times. This is a very good investment expectation with a profit and loss ratio. Join the team, project investment research to secondary analysis full service 👈🏻
I am speaking objectively. Even if there was no such event, I would have said the same thing. The history is completely verifiable!