$EIGEN The actual circulation of this coin is not that large. As the leader of the Restaking track, can it replicate Tia's trend? Let's wait and see. You can consider it at around $3, and you can enter it at around $3.5 if you are aggressive. Many people are worried that Sun Yuchen’s $EIGEN tokens worth more than $20 million will cause selling pressure, but according to the data on the chain, Sun Yuchen has transferred the tokens to Huobi Exchange. According to the depth of Huobi Exchange, it is difficult to ship, because Sun Yuchen’s tokens are free of cost. Sun Yuchen received a total of more than 5.3 million tokens. Assuming that he is bullish and buys 500,000 tokens at $4, his cost is only about 0.35, while Binance’s opening price is around 0.3. As a project with a financing of 160 million, A16Z, as a project with a last round of investment of 100 million, wants to fall back to the opening price. It is almost impossible! Moreover, the car is not very heavy at present. After receiving tens of millions of tokens, they chose to pledge. At present, those who are selling are some users who have pledged for a long time and are in urgent need of blood recovery!
