Those participating in Binance Web3 are surely familiar with this asset $BTR.
It has been more than 01 year of hard work on the project to receive Airdrop, event costs have nearly reached 200 USD, I would like to summarize some important milestones.
- In December 2024: Participate in 7 weeks of BTR events sharing a total of 4.4 M BTR, at this time BTR is valued by the fund at 0.3 USD.
- In July 2025: Participate in BTR sale on Coinlist at a price of 0.2 USD (I boldly bought 1K).
- In August 2025: Participate in BTR Pre-TGE on #Binance at a price of 0.02 USD (Bought 3BNB, could buy 26 USD).
From personal experience and expectations, I see:
1. Advantages:
- Developing the Layer 2 segment of the Bitcoin network, transaction fees are very low compared to traditional BTC transactions, with fast speeds.
- TVL is quite large: 800M USD.
- The team does a very good job of communication, with high recognition.
- At TGE: Team and Investor hold 34.3% of the total supply, locked for at least 6 months, 24 months vesting; Airdrop is not fully paid but only 20% is paid, with 80% vesting for 48 months; Liquid 2% leading to scarcity.
2. Drawbacks.
- The team raised only 31M, with the next round priced lower than the previous round: 0.3 -> 0.2 -> 0.02.
- The team airdropped a large amount of tokens at TGE, with an initial circulating supply of 23%, of which nearly 20% is paid to early investors, creating significant selling pressure.
3. Assessment.
- The darling BTR will be listed on #Binance, similar to the case study of
- PreTGE members are sure to profit, but coinlist and holdstation members are not so sure.
- With a price of 0.2 USD, the FDV reaches 200M, a quite large number at the present time. However, I believe BTR will be traded at the 0.3 USD mark.
4. Expectations.
I have updated the moonsheet for everyone to easily track.
Wishing everyone a good deal.
