👀 $Patex
⁃Coin exchange similar to $BNB is about to have its own launchpad/launchpool and chain, currently the top exchange in Latin America - extremely open to crypto
⁃Call capital 10M$ from Brazil's largest fund, valuation 100M$
⁃The team looks quite talented, having worked for Binance, Crypto.com, Google, Paypal...
⁃Selling IDO on DaoMaker attracted more than 20M$ dep - a recent record number on the platform.
⁃IDO price is 0.95 but the raise is not much, the selling power has gradually dried up.
⁃What I don't like is the project's tokenomic design. However, in general, the cap 6M$ - FDV 50M is too small for the central token of the largest blockchain HST in Latin America.
⁃ Entry: 5-6$ with TP xx.