Let's talk about THE, which was recently launched on Binance;
The main positive factor is that as a DEX project on the BSC chain, it can get support from Binance's huge ecosystem. Binance launched its token, which is also a kind of recognition to some extent. Next, it depends on whether it can live up to its expectations.
Top prediction: As DEX projects, there are mainly two projects that can be compared: CAKE and UNI; the former is also a DEX on the BSC chain, while the latter is currently the largest DEX project;
Currently, the market value of CAKE is 849 million US dollars, and the market value of THE is 239 million. If it catches up with CAKE, there will be a 255% increase;
The current market value of UNI is 7.447 billion US dollars. If it catches up with UNI, there will be a 3015% increase;
However, judging from the current situation, it is difficult to catch up with the market value of UNI in a short time. It is most likely to catch up with the market value of CAKE. Of course, it is also possible to catch up with the second-ranked DEX project, namely the DEX project RUNE of the public chain Cosmos (ATOM), whose current market value is 1.86 billion US dollars. If so, THE will have a 678% increase.
Of course, because of the arrival of the bull market, most currencies will rise with it, so this top expectation is only the lowest increase expectation in a short period of time (2-3 months).
Suitable investor groups: Suitable for investors with assets in A5-A6, high risk, high return.
Comprehensive recommendation index: 3.5 stars, currently ranked 286th in market value, this position is very easy to produce a project with skyrocketing growth, but it is also easy to return to zero.
If you are attracted by THE's high returns, 10 times or 20 times the increase, you have to bear the loss of your pants. Returns and risks are always proportional.