The 66th Launchpool project on Binance, GUNZ (GUN), officially opened last night at 21:00. If sold within 3 hours of opening, it could basically be sold at $0.1. To be honest, the opening price was far below my expectations. 😅
Calculating based on a transaction at $0.1, if staking fdusd to mine GUN, the profit is 0.307% of the investment cost, equivalent to an annualized rate of 36.834%; if staking bnb to mine GUN, the profit is 0.273% of the investment cost, equivalent to an annualized rate of 32.718%; if staking usdc to mine GUN, the profit is 0.143% of the investment cost, equivalent to an annualized rate of 17.155%. Due to the overall sluggish market, the return rate of tokens listed on Binance's Launchpool has also dropped to rock bottom, with the profit from airdropped tokens shrinking nearly 10 times compared to the end of last year. Although the overall market continues to decline, bnb has remained above $600 under the continuous bombardment of various airdrop benefits from Binance. ❄️
I am a staunch supporter of the four-year cycle in the crypto space, firmly believe that there will be a violent bull market this year, so in the face of such low return rates, I temporarily do not consider selling any tokens airdropped by Binance. When the market is broadly declining, there will definitely be tokens that are wrongfully punished, and I hope that when the bull market arrives, their value can return, recreating the glory of the last round of Binance-related tokens. 🍖
