Binance Launchpool New Coin Analysis: Yield and Risk Coexist

Recently, Binance Launchpool launched BIO, infused with a strong CZ flavor. Looking back, mining projects under CZ's management usually have a cycle of 10 to 30 days, with few lasting just a few days. The 10-day cycle for BIO makes me somewhat concerned. If the future continues to have a 10-day cycle, it might not be very fun. That said, let's calculate the expected yield and opening price for this coin.

Yield Calculation:

Based on long-term mining data from the CZ era, the annualized yield is approximately between 18% to 22%. We take an average value of 20% for calculation, and the yield for 10 days is about 200%.

Assuming you have 100 BNB, considering a total supply of 84,660,000 coins, calculated at a ratio of 18,000,000 BNB, each BNB could earn an average of 4.7 BIO coins. Therefore, 100 BNB can mine 470 coins.

Current Market Situation:

The current price of BNB is about $678. Assuming you hold 100 BNB, the value is $67,800. Based on a yield rate of 0.54%, the profit is $366. Converted to the value of each BIO coin, it is approximately $0.77.

Market Risks and Investment Recommendations:

1. Consider value below $0.77:

According to the current market situation, if BIO coin is below $0.77, the annualized yield for holding USDT is already 20%, so it may be better to sell all BNB for USDT investment. If this coin falls below this price, the investment attractiveness will significantly decline.

2. High project circulation:

It is rumored that the private placement price of BIO is relatively low, and it may open with a premium of 2 to 3 times, with a large circulation. Therefore, I predict its opening price will be between $0.68 and $0.45, and then decline all the way, possibly dropping to $0.06 to $0.08.

3. Mining Recommendations:

If you choose to mine, consider using FU tokens for mining, as it is expected to yield 2 times or even more than BNB. On the contrary, the quota for BNB may be reduced.

Lastly, I recommend a potential first-tier market coin, the Ethereum chain's pUPP!-Es, which you can keep an eye on; it may bring surprises.

Finally, the above content is purely a sharing of personal trading experience, aimed at providing informational reference, and does not constitute any investment advice or operational guidelines.