Binance Launchpool 54th Issue——NOT
A community token that introduces users to web3 through a click-to-earn mining mechanism.
Launchpool time: 08:00 on May 13, 2024 (Eastern Time Zone 8), prepare your BNB FDUSD,
Things to note:
1. The launch of the new Launchpool will inevitably be accompanied by new member activities. Those who have not registered Binance can prepare to participate in the new member attraction rewards.
2. According to the rules, BNB mining is still the most cost-effective, and the output efficiency is higher than that of FDUSD of the same value.
3. The announcement reminds that the airdrop is not released at the beginning. At the same time, the network speed of the token-specific wallet will cause the airdrop to enter the secondary market later. Therefore, pay attention to the selling pressure in the secondary market after the new coin is launched (directly remind the opening and don’t rush without thinking)
4. This token is a fully circulated token, which is relatively rare. The total circulation is more than 100 billion tokens. The release of airdrops after the opening will join the circulation. The short-term circulation market value of the token determines the unit price of the token.
5. Pay attention to market sentiment. REZ was launched when the market fell and the copycat panicked. The launch was affected by market sentiment and performed poorly, but the short-term token price cannot directly judge the quality of the project. Similarly, as a fully circulated token after launch, if the market sentiment is not good, the market value will not be too high. Referring to the total circulation, the token price will face the test of the trough. If the token price really reaches the undervalued range after the airdrop, it is actually an opportunity. It depends on the situation.
6. It is not certain whether the project party or the market maker will consider supporting the market under the full circulation situation.