š„REZ - PRICE PREDICTIONš„
You are considering whether to invest in $REZ early and want to know the price of $REZ at listing?
Don't miss this post !
What is #RENZO ?
Renzo is a cross-chain liquid repurchase protocol based on the EigenLayer blockchain. It allows users to stake ETH and other liquid staking tokens (LST) on popular platforms such as Ethereum, Arbitrum, and BNB Chain. Users who stake their assets on Renzo are rewarded with ezETH, which earns ezPoint rewards for future airdrops and re-staking opportunities.
The current market situation is on a downward trend due to being affected by macroeconomic factors: the FED adjusting interest rates only 1 time (or not) this year, The war broke out everywhere around the world along with the risk of global financial recession,...
Along with the poor performance of the previous launchpool (OMNI) few days after listing, as evidenced by the significant decrease in the number of posts on Binance Square regarding #RENZOLAUNCHPOOL (596K views & 154Ā Posts) compared to previous projects.
#OMNILAUNCHPOOL : 2.5M views & 660Ā Posts
#SAGA LAUNCHPOOL: 4M views & 1,184 Posts
#ENALAUNCHPOOL: 4.5M views & 1,016 Posts
These figures indicate that the FOMO into this launchpool project is not as high as previous projects. Therefore, my advice is not to buy $REZ immediately upon listing.
In my opinion, after listing REZ's MC will be around $250M - $350M
with Initial Circ. Supply 1,150,000,000
$REZ price will be around $0.22 to $0.30
The price will adjust down a bit due to selling pressure from Launchpool Farmers and Airdrops so we should wait for the next price movement of BTC to decide whether to invest in $REZ
Remember that Restaking is a recent emerging trend, Binance Labs and other major funds in the market are currently heavily investing in restaking projects. So they has great potential in the future. REZ's Market Cap is completely comparable to some large projects in the same category at their MC ATH: Altlayer ($735M MC), ETHFI ( $900M) & Pendle ($1.76B) in this bullrun
