$c and $VELVET
These two are about to go on the contract
Single letters have been played too many times, it's hard to say
Previously EOS changed to A, and that H and M.
The market is very tricky, this C also has its own story.
I mentioned yesterday, this is Tencent's first time leading an investment in a project going live
Although it's a domestic project, who knows this time? 👀👀
In terms of financing, a total of 16.5 million, the token economics haven't been disclosed so it's hard to judge the valuation, compared to similar projects in the same field, there's at least a 300 million FDV.
Aside from the selling pressure from the airdrop at launch, overall it still looks bullish
As for this velvet
It's a project doing on-chain funds, but it's from the Indian brother
Getting on board really requires caution, I personally don't have high expectations, looking for a position to short
