#AmericanBitcoin发布会

➤ Low circulation can lead to short-term speculation, but it may crash later

$GUN started with very few circulating coins, only 6%, much lower than other projects. Plus, Binance Launchpool accounted for 4%, so in the short term, it might be speculated due to the principle of 'the less, the more valuable'. But by October, a bunch of coins will be unlocked, and if there’s no real progress in the project, the price is likely to plummet.

➤ The technology sounds impressive, but it’s actually not that great

GUNZ claims to have fast speed and low transaction fees, which sounds good for gaming, but to get on-chain, it requires the project’s approval, and the nodes have to be selected by them, which is far from the truly open and free nature of a genuine blockchain. Currently, there’s not much activity on the chain, and it feels like a 'single-player version', completely dependent on whether the game can take off.

➤ The affiliation with Avalanche has some gimmick

GUNZ is a subnet of Avalanche, which is somewhat of a highlight since Avalanche was a major chain in the last bull market. However, Avalanche is not popular now, and no matter how much GUNZ tries, it’s just a gaming chain and can’t revive Avalanche’s popularity, and it might not even benefit from its heat.

➤ There’s no support from the market at all

These people previously worked in real estate and advertising, and they are newcomers to Web3, so they probably won't interact well with the community. Currently, $GUN lacks popularity in the market; most buyers are from the small circle of Avalanche, and the trading volume is entirely controlled by the project team. If retail investors do not buy in, it will be doomed.

➤ Just because big-name investors are involved, does that guarantee a strong market?

Stars of the bull market like Jump and GSR have invested, which sounds impressive, but that’s old news now. It’s still unclear who is behind the scenes controlling everything, and Wintermute might be involved. Relying solely on a name to intimidate people is useless; the key is how they play with this 6% circulation.

$GUN may have some potential in the short term, as fewer coins make it easier to pump, but the project itself lacks solid assets, and the team is not very capable. With a bunch of coins unlocking later, it’s likely to crash. If you want to get involved, keep an eye on the Avalanche ecosystem and the game launch for opportunities, but don’t rush in blindly; it’s easy to get trapped.