Can $HAEDAL reach $300 Million Market Cap (10x)?
You guys know what is $HAEDAL is at this point.
Let me analyze the project real quick.
- Current market cap is $28 Million , with nearly 20% of the tokens circulating in the market which are both Liquidity Fund and Initial incentives which will drive the protocol faster.
- Haedal is no 2 on all of SUI liquid staking protocols as of now.
- Haedal is also backed by Sui Foundation which manages the SUI blockchain.
- Vesting schedule is also good with Investors only getting tokens at October of this year.
- If Haedal can play their card right by TVL, users and yields, it can take advantage of SUI Liquidity Boom + Current good macro conditions, reaching $300 Million Market Cap (10x) is an easy feed.
But there is a risk of it getting hacked and TVL been stolen, other than that, a good GEM in SUI.
