.@Aspecta Protocol $ASP will have its TGE on its own platform before trading, you may want to pay attention!
▪️ Whitelist Round: 7:00-7:15
▪️ Public Round: 7:15 until July 24
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▪️ Total Supply of Project Token: 10B
▪️ TGE on Own Platform: 0.7%
▪️ OKX Direct Access: 0.1%
▪️ Binance Alpha: Unknown
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▪️ TGE FDV: 30 million
▪️ Funding: 3.5 million plus undisclosed portion from Binance
▪️ Initial Circulation: Unclear, estimated at around 20%
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▪️ Team: Chinese team
▪️ Project Nature: Pre-trading market, launchpad type
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Buying in at a 30 million market cap FDV at opening is basically a profit.
If we calculate based on 20% initial circulation, that means 6 million initial circulation market cap, the lower limit reference for Binance Alpha suggests that 10 million initial circulation should not be a problem; for the upper limit, we need some reference benchmarks.
Previous leading launchpad projects @daomaker and @polkastarter had FDVs of 35 million and 21 million respectively. Although market conditions and cycles are different now, along with varying levels of enthusiasm for new projects, I still think we can use the initial circulation of $ASP and the FDVs of these two projects as upper limit references.
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1Key=12 $ASP =0.36U =30 million FDV
Assuming 20% initial circulation, with an MC of 21 million, the FDV would be 105 million, at this time Key’s price = 1.26U.
That means my $ASP price reference range is 0.36-1.26; the closer the price is to the lower limit, the better; the closer to the upper limit, the less cost-effective it becomes!
If I expect to achieve double returns, then KEY's price needs to be 1 key below $0.63, specific participation depends on the situation.
These are some of my thoughts on this project; if you have different opinions, feel free to discuss in the comments~
