1. Inferred token price from funding:
Has received funding of 4.6 million USD, accounting for 20.77%.
4.6 million USD / 20.77% = 22.14 million USD
22.14 million USD / 100 million = 0.2214 USD
Based on this price calculation, the alpha airdrop token may be around 150-300. If our speculation is correct, then the likelihood of the project's rise is quite high.
2. Token information and economic model
Total issued supply 1,000,000,000 tokens (100 million)
We are more concerned about the distribution situation of investors, as below 20.77%.
🟥 3. Funding and project background
Project brief introduction:
Fly is a decentralized liquidity aggregation protocol for cross-chain trading, aiming to provide optimal trading for any asset across top blockchains without directly bridging assets.
Funding situation: 4.6 million USD
In contrast, the funding situation of the previous project $LA: 17.2 million USD, current price 1.33 USD, per capita 1.33 * 160 = 212.8 USDT
Main investors:
We saw the latest funding on Fly's tweet, with over 800 participants involved, which may play a crucial role in the token price.
Rootdata is not directly listed under FLY, we found the following funding by checking the Jump Crypto homepage.
So who is Jump Crypto? Its scale is quite large.
According to the previous LA project's funding, we obtained the pre-market price of 0.1 and the average price of investors is not much different at 0.09, concluding that LA will definitely pull up. Let's see what changes FLY will undergo next.
Comparison with the popularity index of several recent projects
It can be seen that its popularity is somewhat different from several recent alpha projects, of course, we only consider a period of time before alpha.
Team background
Interestingly, we found that the founder of FLY is actually a student from Xi'an Jiaotong University? Quite interesting.
Very interesting, the other founder is also a university graduate from China.
Follow us to quickly learn about the alpha project, should you take or wait?
