In April, the projects listed on Binance generally had a market value of only a few tens of millions of dollars.

Moreover, there is a misconception that projects listed on Binance Futures must be shorted.

This applies to most projects, especially those strongly tied to Binance or the Chinese-speaking market.

However, @AIWayfinder did not follow this trend! After its launch, $PROMPT exhibited an enviable upward trend!

There are three reasons for this:

1️⃣

$PROMPT was directly listed on Coinbase, meaning its project base is not focused on the Chinese-speaking region; they are targeting Europe and America.

2️⃣

The project was generous with airdrops; basically, 0.2u could be exchanged for 50u, yielding a 250x return, successfully gaining community recognition and attracting some users who did not participate originally.

3️⃣

The developers behind it, Parallel, have endorsements from well-known institutions such as Paradigm, Spartan, and Amber.

Furthermore, when viewed from the current perspective, in terms of project price performance, it truly stands out among all the new projects launched in April, increasing several times after its launch.

However, I personally feel that the current market value of 100 million is still not a high valuation, especially since this wave of rebound is not finished yet. If BTC rebounds to 89,000, new coins like Prompt still have the hope to continue rising.

I personally am looking for opportunities to continue buying in. DYOR