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Explosive, the new listing rules for MMT at the Universe Exchange are truly unexpected~
This time, the maximum investment per single number can only be 7 BNB, and 15 points must be deducted from Alpha.
This cap is likely to prevent many users with multiple accounts from fully investing, and coupled with the point deduction, it might be more economical to participate with a single account.
Theoretically, this move can effectively control the number of participating accounts, but its impact on the overall total investment may be limited, probably just converting two accounts into one or three accounts into one, it’s 7, not 6 or 9, 🤣
My first reaction was that this time it must be a big deal (greater than last time): many people cannot fully invest 7 BNB.
However, this time the total fundraising is only 1.5 million USD, while last time YB was 2.5 million.
It is estimated that the adjustment of the launch and point deduction rules is to ensure the profit of a single BNB, but it might not be more than last time?
Additionally, the pricing for the new listing of $MMT at the Universe Exchange is $0.1, corresponding to an FDV of 100 million, and the new listing FDV for Buidlpad is 250 million and 350 million FDV.
If we refer to the 8 times return from the last $YB listing, then the opening FDV for MMT has a chance to surge to 800 million (though previously, when launching on Buidlpad, everyone generally estimated it to be above 1 billion).
I must say, Binance is still impressive; the conditions for new listings are really fantastic!
In this way, with this pricing and the support from the last period's earnings, the FUD from Buidlpad is likely to have little impact on the FDV of the TGE.
Moreover, the direction of the FUD is all about MMT being unwilling to provide airdrops or having harsh unlocking conditions, thus, friends wanting to short should be cautious of Buidlpad's high control over fundraising.
Note: The above is for information sharing only, not investment advice, please be sure to do your own research!
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