#币安HODLerTHE
#THE #THENA
Binance HODLer airdrop launches the second phase of the project
Binance hasn't listed a project on the BSC chain for a long time
Yesterday the MEME contract went live, today the DEFI spot is up
Is the Binance chain about to be revived?
Token name: THE
Listing time: November 27, 2024, 18:00
Current total supply of the token: 206,863,770 THE
Maximum supply of the token: 310,000,000 THE
Total amount of HODLer airdrop tokens: 21,750,000 THE (7% of the maximum supply of the token)
Current price 1.24U
Current circulation: 46.7M (58.25 million market cap)
Circulation after listing: 68.45M (84.87 million market cap based on current price)
When the announcement was seen, the price on the chain was only 0.3U
Unfortunately, I have SOL, ETH, and SUI but I didn't put BNB on the chain
Otherwise, it would have been comfortable.
I bought thirty thousand U when I withdrew funds from Binance to the chain at 1U.
Personal opinion:
If we benchmark against cetus, the highest price on Binance is about a 300 million market cap
There is still 3.5 times room
If we benchmark against cew, the highest price on Binance is about a 200 million market cap
About 2.3 times room remaining
However, the multiples on the chain are too high, so the return rate may not be so high
If we estimate a reasonable market cap of 100 million
The opening price is expected to be around 1.46, which is more reasonable
If we estimate a peak market cap of 150 million
The expected price is around 2.19, which is more reasonable
