Alpha airdrop strong rebound, EchoProtocol potential to be released
The Alpha airdrop dumping has ended, rebounding from a low of $0.016. On July 6, it rose to $0.05, doubling in 24h price increase, with a transaction volume exceeding $12 million.
The project party @EchoProtocol_ promotes the price increase through strong market manipulation and a ve model closed loop, pushing up the coin price and initiating the economic flywheel.
The current price has slightly corrected, and after multiple tests of $0.034, it has constructed a horizontal consolidation for an upward center. Once it lands on Binance contracts or Korean exchanges, it is expected to welcome another explosion.
Key data shows that Echo monopolizes nearly 70% of BTC liquidity on Aptos, with a TVL exceeding $600 million, FDV only 40 million, and an FDV/TVL ratio of 0.067, far lower than BounceBit (0.51) and Bedrock (0.3), indicating significant undervaluation.
The current market has not fully priced in the value capture of real revenue. In the short term, Echo has explosive potential; in the long term, the positive cycle of the ecological closed loop may drive its steady development, which is worth paying attention to.