On-chain Situation
Jager
The airdrop claim window will end at 6 PM today. At that time, the unclaimed 80% of the airdrop—expected to account for 65% of the total tokens—will be converted into LP rewards. Excluding the tokens needed for marketing and CEX, this means that the remaining 65% of the tokens will be consumed through mining within 7 days. This indicates that a huge dividend pool, which can break even in 2-3 days, is about to form.
Jager is likely to initiate a positive flywheel effect: the ultra-high APY attracts more people to join LP—driving Jager's buying pressure and price up—thereby enhancing the intrinsic APY—attracting more people to participate in LP.
From Jager's current valuation of approximately $17 million, while the actual circulating supply is $6 million. For a project with 1 million users claiming airdrops and nearly 200,000 token holders, will the circulating supply remain at $6 million? Sponge tends to be optimistic about future growth potential, and we will wait and see in the next 7 days.
gorilla
gorilla (Gorilla) is also on BN alpha, the price pushed from 600k in the earliest community group to a new high of 9m 15x. gorilla's listing on Binance alpha was expected by everyone, the community is very active, and the atmosphere is great. Sweet Dream also encouraged everyone to increase their positions in the public account; those who followed have profited, but many were scared away by the wash before the announcement. Sticking it out is the blessing for diamond hands.
