Introduction:
Currently, the third phase of the Megadrop is underway. In this article, I will directly analyze the price and my estimated returns for this event.
Solv's TVL
As of the end of 2024, Solv Protocol's TVL has reached $3 billion.
About Token Supply
Maximum Supply: 9,660,000,000 (100%)
Initial Supply: 8,400,000,000 (86.96%)
Initial Circulation: 1,482,600,000 (15.35%)
Megadrop Token Rewards: 588,000,000 (6.09%)
Price Prediction
I will analyze SOLV's price prediction from two perspectives:
The market capitalization of the recent two new tokens upon listing
The current market capitalization of projects with similar TVL in the same sector.
In DeFi, a project with a similar equivalent TVL is JITO, which currently has a market capitalization of $825 million.
The most recent new tokens, BIO and VANA, reached peak market capitalizations of $1.18 billion and $1.08 billion shortly after listing.
Given the current favorable sentiment for new listings, there is a high probability that the market capitalization will reach $1 billion.
Therefore, I personally believe that SOLV has the potential to achieve a market capitalization of $600 million to $1 billion shortly after listing, a price range of approximately $0.4 to $0.68.
My income
I completed all tasks and regularly staked BNB for 120 days, earning a total of 28,456 points.
Considering the recent market trends, I expect the number of participants in this round to be similar to the previous round of Megadrop(LISTA). The total points of all participants will be approximately 2,800,000,000.
I should be able to receive approximately 5,975 SOLV, which is expected to at least 2,390 USDT
