【Project Research | NFP: Value Regression Relies on "Burning"】

Brothers, in this wave of imitation projects, I've got my eye on an interesting project — NFPrompt ($NFP).

This project has recently been making moves, summed up in two words:

Real! Burning! Money!

01|Burn Mechanism:

On May 10th, the official NFP Twitter announced the completion of the 3rd token burn, a one-time destruction of 3,000,000 tokens, directly cutting them from circulation, permanently invalid!

The total amount burned has exceeded 7 million, and the official statement is very straightforward:

“This is how we build. This is how we burn.”

Those who understand, understand that this model of continuously reducing supply, once demand increases, is a bombshell.

02|Staking Incentives:

Binance has also endorsed it, recently launching NFP staking financial products:

• Flexible savings, up to 20% APR

• 1,300,000 NFP prize pool

Those who haven't participated can check it out: Activity link direct >>

In plain terms, the project party is using real money to pull users into locking up funds and encouraging long-term holding.

03|K-Line Trend:

I'll share a chart for you to feel for yourself:

【Insert image: NFP April-May K-line chart】

From the lowest point of $0.0485 in early April, it has risen to the recent $0.091, with a monthly increase of over 55%. Many people have yet to notice this structural rebound opportunity.

My personal opinion:

• There is a retracement to buy in around the 0.078-0.082 range

• The upper resistance is at $0.10

• Once the volume breaks through, the space will open up

The model of this project is simple and straightforward:

“Burn” the circulating supply, “lock” in market chips.

Among so many projects in the crypto space, very few can actively “shrink supply” in a bear market.

NFP is worth paying attention to.