1. GPS (Goplus) is a security tool plugin, similar to a scam sniffer, that helps detect whether on-chain interactions are safe. Chili Brother has linked his wallet to GPS's Telegram, and when I initiate a transaction, the Telegram will automatically push transaction information. Additionally, users can pay for a monthly or yearly subscription to receive more comprehensive detection.
2. We noticed the GPS project a year ago, and now GPS has been listed on Binance. As a VC token, GPS has increased by about three times since its launch, and we have not seen the typical peak that occurs when other VC tokens are listed. Why is this the case?
3. Let's review the situation of GPS. GPS launched its token in January and was listed on several secondary exchanges, such as Bybit. The total supply of GPS is 100 billion, of which 10% is allocated for airdrops, distributed in four seasons, with the first batch of airdrops accounting for only 3%. Early investment institutions hold 19%, and their shares will start to unlock from the third or sixth month after listing, meaning that the VC share will only start unlocking from this April or July. Therefore, the circulation of GPS before this April is relatively low. The lower circulation makes it somewhat easier for the team to control the market in the secondary market.
4. So should we still take GPS? As the market share of GPS approaches unlocking and the task of listing on Binance has been completed, the risk of a subsequent price surge is relatively high.$GPS #GoPlus
