$MILK ALpha's Most Tragic Project!?
1. Core Function: As the token for MilkyWay, a liquid staking protocol in the Celestia ecosystem, it supports liquid staking and re-staking of TIA tokens. Users who stake earn milkTIA tokens for automatic compound interest, which can be used in DeFi.
2. Token Value: Total supply of 1 billion tokens, holders receive protocol income, governance voting rights, can stake for incentives, and can pay for ecological service fees. Binance Wallet once allocated 20 million tokens for marketing.
3. Project Overview: Developed by an experienced team including Tendermint, the mainnet will launch in December 2023, with current TVL reaching $190 million. By June 28, 2025, the price is expected to be around $0.0000000031, with a market cap of 1.5555 million RMB.
Operation Suggestion:
It is said to be an established project backed by large capital, yet the project party has a high level of control over both long and short positions,
continuously selling off. Currently, the market structure is slightly bearish, but there may be greater positive expectations in the future.
Be sure to set proper take-profit and stop-loss levels!
