#hemi

Let’s break it down simply:

The total supply of this token is 10 billion, with an initial circulation of 10.5%.

In terms of distribution: Community 32% (9%), Foundation 15% (1.5%), Team 25%, Institutions 28%.

Regarding financing, there is a total financing of 30 million. Based on the 28% distribution, the cost per token for institutions is 0.0107, which equates to a fully diluted valuation (FDV) of 1.07 billion.

Currently, the pre-interaction price is 0.016, which is considered low.

However, it’s not easy to go long at the opening, as there is still the risk of airdrop dumping, which is about a third of the initial circulation, a relatively large amount.

But the TVL of this token is nearly 1.2 billion, with a market cap of around 150 million based on initial circulation, which just meets the expectations of institutions.

With such low circulation and high control, a good TVL, and investment from Binance, although the amount of short selling accounts for a relatively high percentage of initial circulation, it is still considered low in total supply, and the project team has also countered a lot of airdrop exploitation.

Overall, I remain bullish, but the reason for the dump at the opening makes it difficult to enter at the first moment; as for when to make a move, I will try to share it as soon as possible.

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