📈 TOWNS Pumps 65% — Is It Still a Smart Buy?
$TOWNS is set to go live on Binance today, and the hype is real. Backed by a16z, Coinbase Ventures, and Benchmark, this project is bringing decentralized encrypted chat and token-gated communities to Ethereum, Base, and BNB Chain.
The token will launch with a Seed Tag, meaning high volatility is expected from the first minute. Airdrops have already been distributed, and over 305 million tokens are in user wallets before trading even begins.
Expected listing price ranges between $0.03 and $0.05, but pre-market activity suggests early volatility could push it as high as $0.06. With only around 20% of the total supply circulating at launch, supply pressure may fuel a price spike — or a quick dump.
However, the overall market is currently neutral to slightly bearish. Many traders are planning to wait for a stable price zone instead of jumping in right at launch. Smart money may avoid early FOMO and watch the first few candles closely.
