Baryn
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#mubarak I looked at the on-chain data and would like to share my thoughts
Position Distribution:
The top 10 addresses only account for 34.79%, which is quite dispersed. It’s not like some coins are controlled by large holders; it feels like there are plenty of opportunities for retail investors!
Combined, Bitget and http://Gate.io hold over 20% (Bitget 10.68%, http://Gate.io 5.22%), with solid liquidity and quite active trading volume.
There are a few large holder addresses (for example, 0x73d8...46cdb holds 3.29%), indicating that some funds are paying attention, but it’s not too concentrated.
DEXs like PancakeSwap don't hold much; it feels like most coins have flowed to CEXs and personal wallets, and the liquidity is quite good.
Price Trend
Short Term: The probability of spot trading on Binance is basically 90%, and there shouldn't be any issues around $0.19-$0.28, aiming for a 50%-100% increase!
Medium Term: If Dubai takes any actions to support CZ, it’s hard to say. If big players in Dubai take interest in this and invest, it could really skyrocket. If the resistance levels of $0.22-$0.29 are broken, $0.5 should be just the beginning; it really has potential!
Long Term: I won’t comment much; we can observe together.
@Yi He @CZ @Mubarak CTO Let's cheer for BSC's lucky item Mubarak, and together let’s work hard to build a good start that will lead to the prosperity of meme culture on the BSC chain.
Position Distribution:
The top 10 addresses only account for 34.79%, which is quite dispersed. It’s not like some coins are controlled by large holders; it feels like there are plenty of opportunities for retail investors!
Combined, Bitget and http://Gate.io hold over 20% (Bitget 10.68%, http://Gate.io 5.22%), with solid liquidity and quite active trading volume.
There are a few large holder addresses (for example, 0x73d8...46cdb holds 3.29%), indicating that some funds are paying attention, but it’s not too concentrated.
DEXs like PancakeSwap don't hold much; it feels like most coins have flowed to CEXs and personal wallets, and the liquidity is quite good.
Price Trend
Short Term: The probability of spot trading on Binance is basically 90%, and there shouldn't be any issues around $0.19-$0.28, aiming for a 50%-100% increase!
Medium Term: If Dubai takes any actions to support CZ, it’s hard to say. If big players in Dubai take interest in this and invest, it could really skyrocket. If the resistance levels of $0.22-$0.29 are broken, $0.5 should be just the beginning; it really has potential!
Long Term: I won’t comment much; we can observe together.
@Yi He @CZ @Mubarak CTO Let's cheer for BSC's lucky item Mubarak, and together let’s work hard to build a good start that will lead to the prosperity of meme culture on the BSC chain.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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