From an institutional perspective, Binance Alpha's new coin Resolv (non-wide Resolv @ResolvLabs
1. The direct listing of Alpha and contracts indicates that the project is quite outstanding.
2. A stablecoin project that highly depends on the TVL behind it, currently at 352 million USD TVL.
3. Has undergone multiple code audits, with a very high security awareness, far exceeding the vulnerability bounty programs of most projects, providing security support for the project.
4. Token prices are relatively transparent, with a low level of speculation. Looking at the last round of seed funding, the clear bottom support is 0.1-0.15.
5. Can be compared with Usual Ethena, belonging to the same track.
A project that is doing a neutral strategy stablecoin, according to the project disclosure, has raised 10M.
Based on a ratio of 7.5%-10%, the valuation is approximately 150M-200M.
Currently, Futures are directly listed, and a total of 2% of the tokens have already been allocated to Binance's BNB account, which is actually the core element that distinguishes it from other alpha projects. The direct listing on Binance contracts also proves its value to Binance.
The project needs to maintain its risk exposure related to its neutral strategy (if any) so that it can gain a greater advantage in maintaining TVL.
When valuation is highly linked to TVL, the token price synchronizes with it.
A neutral judgment is (personal opinion, likely wrong, DYOR):
There is enough money to absorb the selling pressure from Binance, OKX, Bybit, MEXC listings.
Thus, the bottom line for accumulation can be calculated, which is 0.1-0.15.
If compared to Ethena and Usual,
Value investors may lock in profits at 0.3+ at their discretion,
while swing traders need to pay close attention to TVL changes and make timely actions.