💰 Overall Rating: 74/100

Brief Description: XNAP's main advantages lie in its clear product positioning (on-chain trading tool) and its well-defined launch plan. However, its tokens have not yet been validated through market trading, and there is a lack of transparency regarding key information such as the project team and financing details. This rating focuses on its product practicality and short-term market attention.

Follow me, click here to share more Alpha experiences!

🔑 Key Factors

  • Founding Team: In the results of this search, no specific information was found regarding the SnapX founding team or core members. The team's background, experience, and past track records are critical for assessing the project's execution capability, and the current lack of information in this area is a significant risk point.

  • Investments Received: The search results did not explicitly disclose the institutional investors and specific funding amounts for this project. Its current development may rely on the funds allocated for 'Treasury' and 'Marketing' in its token distribution.

📈 Fundamentals

  • Project Overview: The core goal of SnapX is to accelerate on-chain trading and provide users with real-time signals and trusted key opinion leader (KOL) insights. Its innovation lies in offering a range of tools to help traders filter out market noise and focus on profit opportunities.

    • Core Role: To create a fast, focused trading experience while meeting the needs of alpha hunters (traders seeking excess returns) and leaders in the crypto community.

    • Token Use: The XNAP token is the fuel that powers the SnapX ecosystem, with uses including staking, governance, and user rewards, aimed at combining long-term value with active community participation.

  • Community Building: The project has established an initial online community. According to its official links, community channels are set up on platforms such as X (formerly Twitter), Telegram, and Discord. However, no clear public data was found regarding the specific number of members and activity levels in these communities during this search.

  • Competitors: SnapX operates in the segment of 'on-chain data analysis and trading tools,' where there are currently many competitors.

    • Core Challenges: It needs to compete with existing on-chain analysis platforms (such as Nansen, DeFi Pulse, etc.) as well as numerous trading signal channels.

    • Competitive Advantage: Its advantage lies in focusing on the integration of trading signals and KOL insights, attempting to provide users with a more direct and efficient decision support tool.

    • Market Cap Reference: Reliable public data regarding its token's circulating market cap, fully diluted valuation (FDV), and price information has not been found in this search, as its token has not yet officially launched for trading.

  • Number of Holders: The token has not been issued, so there is no holder data. However, its token economic model is public:

    • Total supply is 125 billion XNAP.

    • Token Distribution:

      • Ecosystem: 31% (38.75 billion XNAP)

      • Treasury: 20% (25 billion XNAP)

      • Marketing: 20% (25 billion XNAP)

      • Team and Advisors: 15% (18.75 billion XNAP)

      • Liquidity Provision: 5% (6.25 billion XNAP)

      • Foundation: 5% (6.25 billion XNAP)

      • Investment: 4% (5 billion XNAP)

    • Key Risks: The combined proportion of token allocation to the team, advisors, and marketing is relatively high (35%), and the unlocking and circulation of this portion of tokens in the future may pose potential selling pressure on market prices.

Follow me, click here to enter the chat room for more Alpha experiences!