Latest IDO for #币安tge : Should we sell $MYX immediately after it opens?

Don't rush to claim and crash the market! ⚠️ Short-term trading advice: Observe for 30 minutes after opening, there is a high probability of breaking out into a 6-10 times profit range!

Core logic breakdown as follows:

1️⃣ Project fundamentals:

Decentralized perpetual contract DEX, the product has been refined for 2 years, launching testing in 2023, categorized as high investment + strong product capabilities, not a quick exit project.

2️⃣ Reasonable financing:

Led by Sequoia and HashKey, raised $10 million, corresponding to a valuation of $50 million. Initial TGE is expected to open low, then gradually increase, with a total token valuation aiming for a range of $10-20 million.

3️⃣ Limited circulation:

Total token supply is 1 billion tokens, initial estimated circulation at TGE is 200 million tokens, 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 + established project with a tangible product + VC's return on investment is a long way off, opening low and rising high, short-term observation for at least 30 minutes!