The currency #加密市场盘整 held two auctions in November ahead of schedule, selling a total of 660 million coins, of which 330 million can be listed for trading immediately, while the remaining will be unlocked after a year.
This time, the Binance airdrop has a volume close to 100 million. However, the participating auction prices were between $0.03 and $0.06 each. What does that mean?
Our mining cost is approximately between $0.17 and $0.34, a figure I calculated myself.
This means that the holding cost for participating in the auction is significantly lower than what we are mining at Binance, so how can we compete with that?
When $Bio officially launches on January 3rd, the coins obtained from the auction will have appreciated.
Those coming in later will pass the baton to those who came before.