Is $BB priced too low?

Currently, I don't have much sympathy for the new coins on Binance, because this time most of the project's MMs prioritize selling goods at low prices. Maybe they have data and know when this cycle will happen. This bunch will be pumped.

From $SAGA , $OMNI , $REZ ,... most of them reduced /2 /3 and turned off the bot, sometimes the price didn't even work. During this period, projects launched continuously, mostly revolving around ETH and BTC such as Restaking.

However, recently the market warmed up again and the BounceBit $BB project listed but was priced very low. Much lower than the project with the same Restaking system, ETHFI, however the 2 projects run 2 different systems, ETH and BTC.

Further analysis of Binance's new product Megadrop, this is a product that combines many features between Web3 wallets. The method is quite similar to part of Launchpad, which is Locking BNB and distributing Launchpool tokens.

Binance currently has a separate MEGADROP tag, which means there will be many more projects launched like this one. FDV $BB is currently about 700M$, lower than all new projects launched in the past year on Binance.

Regarding the project, I still evaluate this one as much superior to the Restaking projects on ETH and it is the lead restaking project on BTC that currently has a token.

My feeling is that this one will push ahead of the previous ones because MM can get a good price and push Marketing for the BTC Restaking system. The weakness is that this project has previously raised a round with many weak VCs so pushing will also be contradictory because One side is the driver and there are many other VCs who will give up when the day of unlocking comes because they have already been xed a lot.

Tokenomics will only be unlocked by VCs 1 year later, so in the short term, it will have to increase in 6 months, but how much is unknown. Target for this project I priced FDV at about 2B$ - 4B$, about 1$ - 2$ is for wave 1.

Please share your comments below!