#币安tge Latest IDO: $MYX Should You Sell Immediately After the Opening?
Don't rush to claim and crash the market! ⚠️ Short-term trading suggestion: Observe for 30 minutes after the opening, with a high probability of breaking into the 6-10x profit range!
Core logic breakdown as follows:
1️⃣ Project fundamentals:
Decentralized perpetual contract DEX, the product has been refined for 2 years, set to launch testing in 2023, represents high investment + strong product strength, not a quick exit project.
2️⃣ Reasonable financing:
Led by Sequoia and HashKey, raised $10 million, corresponding to a valuation of $50 million. Initial low opening expected at TGE, gradually rising afterwards, with total token valuation hitting the $10-20 million range.
3️⃣ Limited circulation:
Total token supply of 1 billion, estimated initial circulation of 200 million at TGE, opening price may fluctuate between $0.01-$0.05, corresponding to an initial circulating market value of only $2-10 million.
Summary: Low circulating market value + a solid project with real products + VC recovering funds is a long way off, expect a low opening and a high rise, observe for at least 30 minutes after the opening!