Binance Alpha Coin Analysis - $DAM
✨ Recommended Rating: ⭐️⭐️⭐️⭐️
📖 Project Introduction: Reservoir is a decentralized stablecoin protocol focused on stablecoin innovation on Berachain, providing users with widely available next-generation stablecoins, liquidity yield assets rUSD, term yield assets srUSD, trUSD, and permissionless lending markets through multi-asset support, on-chain transparency, and modular design.
🙎 Team Analysis: Not disclosed.
💰 Financing Information: Reservoir's parent company, Fortunafi, achieved a valuation of $48.165 million when it completed $9.51 million in financing in May 2024.
✅ Positive Views:
1️⃣ Fortunafi has a layout in the RWA (Real World Asset) tokenization field. Reservoir, as a stablecoin protocol, aligns its technical direction with Fortunafi's RWA expertise.
2️⃣ TVL 214M, there is fundamental value.
❌ Negative Views:
1️⃣ Initial circulation of TGE is over 20%, with the project party having high control in the first half month.
2️⃣ There is too little market information, commonly referred to as a three-no product.
📈 Market Performance: Coin price has continuously declined since launch, currently with a circulating market value of $22.11M, FDV $110M, 393 holding addresses, and relatively sufficient liquidity of $1.01M.
📌 Project Analysis: In the stablecoin track, there is not much innovation, but since it is on contract, it can be speculated a bit; it is recommended to enter at 0.09 and sell at 0.14.
