As of the time of writing, $SIGN has been online for only 30 minutes, with a peak price of 0.08220, a total market value of 820 million, and a circulating market value of 98 million. This data ranks among the top tokens launched on Binance in the last three months.
If you think 0.0822 is the peak of $SIGN , you are very mistaken
In my opinion, $SIGN will definitely be listed on well-known exchanges: Coinbase, Upbit
Why do I say this? Here is my evidence:
@EthSign is a global token distribution and credential verification project, with a complete infrastructure and excellent products, such as Tokentable and Signpass (for those unfamiliar, you can reference my previous tweets)
Looking at Binance in the last three months, there are very few that can compare to SIGN in terms of products, operations, and community, and the current low market value is closely related to the overall market environment
It is a project that can generate revenue, @EthSign achieved a revenue of 15 million dollars last year, realizing positive product incentives and self-revenue. Compared to some Ponzi schemes and rigid L1, L2 projects, it is much stronger. And @EthSign has a target of 40 million dollars this year. According to the traditional market cap calculation method of web2, market cap = revenue * 10, the circulating market value of @EthSign is between 150 million and 400 million, and the token price is therefore 0.125-0.33, meaning a potential return of 1-5 times from the current price.
The community is healthy and thriving; an excellent project will not leave the community it is rooted in. I have observed and participated in the community for three months, and the orange dynasty community created by SIGN has very high activity and community stickiness. The Korean community is an important part of @EthSign community, and the team has held many offline events in Korea, where it is very well-received. When mentioning Korea, people first think of the whole country embracing web3, and as the largest exchange in Korea, Upbit will definitely not miss out on the huge traffic from SIGN.
The team collaborates with the government, has a background, and is not afraid of trouble
The Signpass product from SIGN serves some sovereign countries, providing proof-based infrastructure for countries lacking independent verification capabilities. It has already collaborated with many countries, such as the UAE, Thailand, and Sierra Leone, and is actively expanding to Barbados and over 20 other countries. The project has signed a memorandum of understanding with Barbados and Thailand for pilot operations and may have already received national funding from Thailand.
From the tokenomics perspective, in the next whole year, the token release amount for SIGN will not exceed 20% of the total amount, which is 2 billion. The tokens held by early team members, supporters, and VCs are locked up, and most are in the hands of retail investors, allowing for a stable low-price acquisition of chips before the market rally.
Part of the tokens is issued on the BNB chain, and part is issued on the BASE chain. There has been frequent interaction with the BASE chain, Binance is already on board, how far can Coinbase be? You don't really think the project team issued tokens on the BASE chain just on a whim, do you?
Finally, from the project team's airdrop claim page, the SIGN team stated that if the staked tokens reach a price of 0.2, stakers will receive an additional airdrop of 15% of the monthly allocation. Since the project team has said this, in my personal opinion, there must be some basis for it, and it definitely will not be unfounded.
The above is just my personal opinion and should not be taken as investment advice
Next, let's predict a wave of several event points for the market rally
SIGN on Coinbase
SIGN on Upbit
SIGN announced it received national-level funding from Thailand
SIGN App launched, completing new collaborations with Binance and Coinbase
The bull market is coming; the project is ramping up, and market makers are rallying
@EthSign Collaborate with other well-known countries, such as South Korea
