Let’s talk about why Lao Ai is very optimistic about this latest Binance Launchpool project: PORTAL
(Contains track analysis, airdrop plan, secondary entry plan, and price estimate)
Let’s first take a look at what PORTAL is?
Portal (PORTAL), a cross-chain gaming platform, is committed to allowing more players to join the world of Web3.0. And it's not just about games, it's working with builders, gamers, esports viewers, content creators, and more to change the way the industry works.
On January 30, the Bitcoin cross-chain DEX project Portal completed a $34 million seed round of financing, led by binancelabs, with participation from COINBASE OKX GATE. It is not difficult to see that the top players are participating.
Then we take a look at the track layout:
Dear brothers, it is not difficult to see that Binance’s launchpool projects since October, the well-known AI The ability of the track, but we can follow the head to figure out where the wind direction of the secondary market is.
The recent surge in WLD AI-related tracks has once again verified that market funds are chasing new things, and the combination of AI with games and the metaverse in the future will definitely be a new opportunity.
So whether it’s based on Binance’s layout or the market’s popularity, we definitely want to participate in the gaming sector.
Of course, it is not a secondary participation in the opening, the chips need to be released:
1. We can now participate in launchpool mining, whether it is BNB or FDUSD. Needless to say, BNB’s golden shovel, you can earn the profit after buying it, and continue to earn the mining profit. FDUSD is almost a stable currency. It is lossless mining.
(As for how to participate, please see the long article quoted) ##PortalLaunchpool
2. Portal has an airdrop mechanism. Last month it was clear that there was still a chance. At present, it can only be a gambling project. If you go to the official website to participate in the event, you still have a second chance.
3. Participation in key secondary markets. Since we need to lay out the layout, we need to lay out the secondary market based on technical aspects. Lao Ai will announce it as soon as possible after it goes online. Please keep following me.
After talking about what it is and track expectations, here are our expectations!
As of February 21, 2024, Portal has raised $29,000,000 through private placements and public offerings. The project sells 33% of the supply to fund the development of the platform and ecosystem.
As of February 21, 2024, the total supply of PORTAL is 1,000,000,000, and the circulating supply after listing is 167,134,615 (accounting for approximately 16.71% of the total token supply).
The current off-site prices range from 1.8-3.6
Combining the circulation and initial valuation, comparing the recent projects, the price is expected to be above 2.2 (Figure 1, compiled by Planet Daily)
Based on the profit of 1 point of BNB mining, and the price of BNB360 before mining, the PORTAL price is 2.4. The price of PORTAL is 2.6 based on the current BNB 380 (we can use this analogy to calculate the profit of 1.5, and there is a chance that the price will rise to 3. )
So generally speaking: the price is estimated to be between 2.2-2.8