$SOPH
New currency, contract starts at 9:30
Preparing to take fans to make big waves
This coin is the same as $HUMA , giving out 1250 units. According to the pre-market price of 0.08, it's now over 100 USD.
Total supply is 10 billion, currently 2 billion are being issued, of which 900 million are for airdrop, Binance has 250 million, and the rest belongs to the project team.
For those looking to profit, it's definitely a big gain, as the airdrop share is quite high. However, for the overall price, it's not very promising. As the project team, I will definitely absorb the airdrop shares at a low price.
Moreover, the funding is only 10 million, clearly lacking capital. The reasonable valuation of FDV is estimated to be around 200-300 million, which is between 0.02-0.03.
Therefore, in the short term, there will be significant fluctuations due to the airdrop issue, and in the long term, the outlook is bearish.
