B² Valuation Benchmarking and Price Prediction
Reference for Similar Projects:
Merlin Chain ($MERL) had an FDV of $2.2 billion at TGE, current MC $50M;
B² initial FDV $2 billion, MC $52M, but the market environment is worse.
Optimistic Scenario: If the ecosystem explodes or lists on top-tier exchanges, the price may soar to $1-1.5 (FDV $210-310 million).
Neutral Scenario: Long-term sideways in the $0.6-0.8 range (corresponding FDV $120-160 million).
Pessimistic Scenario: If TVL declines or the team sells off, it may drop below $0.4.
Operational Suggestions:
Short-term (within 1 week after TGE): Take partial profits above $1, be wary of liquidity traps.
Mid-term (1-3 months): If it does not break through $1.2, it is recommended to liquidate and wait.
Long-term: Need to observe technological upgrades and real ecosystem growth, otherwise there is no holding value.
Key Risks:
Token Economics Defects: Early selling pressure is concentrated, inflation model is unsustainable.
Domestic Manipulation: Team-affiliated addresses control 68.3%, suspicion of price manipulation for selling off.
Ecosystem Progress Delayed: Current applications mainly replicate DeFi, lacking innovative use cases.
In the short term, it can serve as a speculative target; in the long term, it needs to be viewed with caution. If the project team can fulfill their promises of technical optimization (such as on-chain verification, decentralized bridging) and attract real ecosystem development, it may solidify its Layer2 positioning; otherwise, it may become a tool for “domestic manipulation” speculation.