Tokens SWITCH received from PocketFi have been sent to a non-custodial wallet.
A total of about 56,000 tokens were collected. At the current rate of $0.0014, this is about $80. Considering the minimal time spent, it's a good result for 'tappers'. At the start of the 'Dutch auction', the amount was much nicer - just on the key account, it was over $400. However, using the starting rate only made sense for the earliest users with large token balances.
Will the rate return to the level of $0.014? The haters of the TON ecosystem and specifically this project will say no. We will say it is quite possible, even very likely. But the project needs a push for development, both from the market and from the developers.
Back in late March, it was anticipated that the total number of tokens would be around 3.5 billion. The final result turned out to be even lower - 3.11 billion.
The maximum emission was cut down due to all those who did not pass the verification or did not manage to claim their tokens. At the rate - we anticipated $0.014, but it was only available at the start when most could not yet bring tokens to the market. Instead of the expected capitalization of $50 million, it is currently a modest $4.35 million.
Another #SWITCH has been purchased; now there are 73,244 tokens in the wallet, worth currently $104. Maybe we will buy up to 100,000 for an even count. But I don't want to invest significant money in the project. The future of the project is uncertain; its only advantage is that it’s not a fly-by-night team. The project has a long history and a working product. We can observe and hope for asset growth in the future if PocketFi continues to develop. It will occupy a niche among non-custodial wallets and DEX platforms.