【Binance Wallet】Issue 21 "Exclusive TGE" Profit Report: Cudis ( $cudis )
👉🏻 This issue is the sixth one using the "Points Consumption System", with a points threshold of: 210 points, the threshold for the previous issue was 193 points.
The threshold has significantly increased compared to last time, and now everyone's enthusiasm is on airdrops. These past few days have seen double airdrops every day, and the consumption of points is very fast. At this point, placing points on TGE is clearly not very wise, and the issue can also be seen in the oversubscription rate.
➤ This time the oversubscription rate is around 80 times.
➤ The return rate is around 736%, with current earnings of 115u.
🔍 This issue's project: Cudis @CudisWellness
CUDIS is an AI-driven wearable DePIN ring that enables users to passively own data and potentially monetize it, providing multiple revenue streams in the future. Pump Pump also has one, and has given away some to fans.
💡 Some insights:
The enthusiasm for Alpha's initial offerings continues to wane, and community participation continues to decline, similar to the returns from airdrops. Very few people are willing to invest in TGE now; perhaps only by increasing the returns from TGE can popularity be restored.
The TGE initial offering profit report series has unknowingly reached its 21st issue, from the initial excitement to the current diminishing enthusiasm, time flies so fast 🤣
Although I don't know how long this model can last, I will continue to update it, hoping to provide some insights for everyone~
