【The New King of the Crypto World! Binance's Favorite SOON Coin Countdown to Launch. Can the Big Shots Behind It Help Retail Investors? Can They? Can They??】
Attention everyone! Binance has just dropped a bombshell — on May 23rd, their own Alpha platform will launch the mysterious new coin SOON! This is not just an ordinary project; it comes with $22 million in funding and support from the founder of Solana, and it's said to be aiming to dominate all Layer 2 solutions! The most explosive part is that the SOON token will unlock 30% of its tokens right away, and Binance's opening price could double instantly! But three months later! Hurry up and grab your seat, I’ll break down $SOON for you.
Speaking of hardcore, the SOON team is like the Avengers of blockchain! The CEO is Joanna, the former female warrior of Aleo, who once stormed Wall Street with zero-knowledge proofs; CMO Ruki hails from the Hong Kong investment bank JDI, having managed the Sonic SVM, which was a hundred-fold project; the tech lead Andrew is the mastermind behind the Solana core code! What's even more outrageous is that the advisory board includes Solana founder Anatoly and Celestia expert Mustafa; no one would believe they aren't the favorites! But wait, don’t rush in — their NFT presale strategy is quite deep — the $900 tier unlocks in three months, clearly aiming to make retail investors cannon fodder; while the big holders have their tokens locked for three years, this is clearly an old trick from Z’s playbook!
Technically, SOON does have some solid capabilities, claiming to install Solana's SVM engine on Ethereum, with TPS skyrocketing to 30,000, surpassing the entire OP family! Even more impressive is that it can use a Lego-like architecture to build Layer 2 solutions on the BNB chain and TON without any lag while running game engines on the testnet. Cross-chain USDC transfers have been reduced from 8 minutes to 22 seconds, and gas fees are cheaper than a meal from a small eatery. But those in the know understand that once this lab data hits the mainnet, it’s likely to shrink by 80%, and if it collapses, it might be even more thrilling than Luna!
The most critical issue is that the valuation has already soared to the sky! The FDV/TVL ratio of 18.7 directly crushes OP/Arbitrum, with 80 DApps currently supporting the testnet, while Arbitrum boasts over 3,000 ecological applications.
Furthermore, regarding token unlocks, the first batch of retail investors will start dumping their tokens three months after the scheduled unlock, and the institutional unlock next year is expected to bring a nuclear-level selling pressure. Those retail investors rushing in now might lose everything!
So, remember, my friends, there will definitely be a pump from GZ three days before Binance goes live. Those with guts can bet on a short-term trade, but remember to run away before the unlock date in August!
