Talk about the final evaluation of this Binance new token launch
Since this project is indeed very niche (not popular, I have completely never heard of it), I can only speculate from the aspects of the product itself, financing situation, and social media news. Here I will also share my thoughts for everyone to use as a reference.
First of all, alaya is an AI data platform. According to the product description, there are no special innovations or strong application scenarios. They also haven't put much effort into promotion, and I haven't seen any major influencers supporting it.
The investors have not launched any significant projects either, with familiar names like solv, goplus, and orbiter in their resume, performing quite average in the secondary market.
The project itself has not disclosed the financing amount; there are only some rumors saying the valuation is between 50 million to 80 million, but there's no persuasive endorsement or data support.
This new token launch is being sold at a 5 million FDV, and it has already been oversubscribed over 230 times, and the time has just passed the halfway mark. Ultimately, it may approach 300 times, meaning that if you invest 3 BNB, you would actually acquire around 6.6 BNB. Based on a 50 million FDV, after deducting the principal, the net profit would only be 60 USD.
Even if it reaches 80 million, the net profit would only be 100 USD.
However, if the token price performs poorly, the lower limit should be around 25 million, with returns being less than 30 USD. Overall, the risk-reward ratio is very low.
In summary, from my personal perspective, the likelihood of this new token launch yielding explosive profits is very small; it seems more like Binance is just filling numbers.
Yesterday there was a big influx, and coupled with the low score threshold for this round, everyone's emotions have been stirred up. Many people are diving in headfirst and competing with each other.
My advice is not to participate in this new token launch; after all, I am not participating with even one account.
Then, please allow me to give myself a little armor. If this project really goes online and skyrockets, I hope my brothers won’t criticize me, after all, this project is just too damn cold, and I can't find any reliable data to support my analysis. If it turns out to be a pump-and-dump by the market maker, that is also completely unpredictable.
Including what everyone can see, basically no one is willing to discuss this round of alaya; either they are lying low and waiting for it to end to make comments, or they are just copying and pasting, mindlessly shouting about the 80 million valuation.
I really want to help my brothers earn a bit more under limited conditions; I’ve tried my best. 🙏🏻🙏🏻🙏🏻