MLN Project Analysis

1. Project Background

MLN and ZEN have been removed from the observation zone by BN, which likely indicates that the project team has gained support from BN, or at least contributed to the market by paying a 'protection fee', with the main goal of driving up the price for selling.

2. Project Characteristics

1. Market Capitalization: MLN's market capitalization is only 60 million, initially launching at 40 million, with limited growth over the past few months.

2. Price Fluctuation: The monthly chart shows that price fluctuations exhibit characteristics of increased volume during price rises and reduced volume during pullbacks. This method of accumulation is effective and has successfully washed out many weak-handed investors after being observed in the Binance observation zone.

3. Project Drawbacks

The launch time of the MLN project is uncertain. From the monthly chart perspective, if launched, it is expected to experience a significant market surge.

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