Overlay Protocol Listing Date on Binance Alpha: Will OVL Price Hit $1?
The world of cryptocurrencies is experiencing another hype regarding a new project that is going to debut on a big platform. What is Overlay Protocol? Is this the new thing in decentralised networks? With the digital asset world changing so fast, projects might be the ones to change the way we look at staking, governance, and community-driven growth.
In this article, we shall take a deep dive into the listing of Overlay Protocol to Binance Alpha, and analyse its predicted token price. Learn about its distinctive tokenomics and give a short description of the protocol itself. Keep your ears open to all the information you require to comprehend this thrilling development.
Overlay Protocol Listing on Binance Alpha
Binance Alpha will be the first platform to ever have OVL, and trading will start on August 14th. This listing is already creating a lot of expectation among traders and investors because Binance Alpha is reputed to highlight new projects with high growth potential.
Source: Binance X
Once trading has started, users can claim OVL airdrops by using their Binance Alpha Points through the Alpha Events page, provided they are eligible. The team has assured of additional announcements, which will give additional information on the participation and future developments.
Such a strategic launch may help attract significant interest in the saturated altcoin market, supported by a strong platform and an active community.
What Will Be the OVL Listing Price?
Analysts predict that the initial listing price of $OVL may be approximately $1 given that the total supply of Overlay (OVL) is fixed at 88.8 million tokens, similar to other tokens
Nevertheless, the prices of new altcoins such as Towns coin price started at $0.07278, rose to $0.08878, and dropped to $0.03508, which indicates that the crypto market prices are unstable. Currently, the Towns Coin price is $0.03026.
Although Towns token has been riding on the waves of the hype and the market, the price of the Overlay Protocol is estimated at $1, which is a questioning statement of whether the coin will reach the estimated price.
OVL Tokenomics
The total supply of tokens is 88.8 million given on the official website of Overlay Protocol. The other details of tokenomics are yet to be announced and are expected to be released soon.
Source: Official Website
What is Overlay Protocol?
It is a decentralised blockchain network that aims to be sustainable, inclusive, and community-governed. Its goal is to establish a safe and scalable environment that will maintain decentralised applications and active user engagement.
Conclusion
The listing of OVL is a big step in the crypto world. Having a strong tokenomics structure and a community-based vision, it will be able to attract the attention of investors and blockchain enthusiasts. Looking forward to seeing this promising project on the market. Binance Alpha is covering various projects, which include World3 AI Listing today. For more queries, stay updated on the official website to avoid glitches.
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