Let me add some information about Humanity

『Humanity Short Selling Strategy』

Humanity has already launched the airdrop query, just on the usual sign-in interface. But those who didn't complete the palm print verification in time are likely out of luck 😂

As expected, a bunch of people have been dropped by the witch, and those who received something got very little. Kaito Yap, ranked first, only got 15,377

Truly a high-controlled market, and it has currently been confirmed to launch on BN Alpha and contracts, Bybit, and Mexc

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According to recent information, Humanity's last round valuation was 1B (too high). The benchmark project is WorldCoin, currently with an FDV of 8B+

Adding to that, the average valuation for Alpha at launch is around 100-200m, which is far below the last round valuation. Therefore, it will be hard for the launch valuation to exceed 500-600m

It is unlikely that the peak valuation will exceed 1.5B, and I even think it will be difficult to double if it launches at a high valuation

Moreover, the palm print verification is actually outsourced to a company in Shanghai. Yes, the world is indeed this makeshift

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The only thing to watch for is whether there will be an official announcement for BN spot/Korean exchange in the next few days

Based on this, I’m writing down a few possible scenarios for the upcoming events (but still all about short selling):

1️⃣ TGE does not launch on BN spot and Korean exchange

2️⃣ TGE does not launch on BN spot, but does launch on Korean exchange (lower possibility)

3️⃣ TGE launches on BN spot, but not on Korean exchange

4️⃣ TGE launches on both BN spot and Korean exchange

The occurrence probability of scenario 1️⃣3️⃣ is relatively high

The strategies for 1️⃣2️⃣3️⃣ are basically the same in my opinion: the project side retains some positive news to facilitate future price increases. So, one can wait for the price to drop after the launch and stabilize before going long, and then switch to short selling after both positive news announcements are completed

If it is 4️⃣, then it can basically be a brief price increase at launch followed by a short

Of course, a lazier method would be to short at a low leverage right at the launch, which I also think is feasible. The previous strategies mainly fear that the project side will execute a high controlled price surge, but it can also be an opportunity to add to positions at high prices

The only thing to watch out for is the funding rate; if everyone agrees to short, and the negative rate is extremely high, then switching to long will be better

In summary: Short, and that's it

#ProjectShare #Humanity