I. Introduction
Writing about the BSC chain token $MORE, as it is one of my holding targets. In line with the principle of buying first and researching later, I can just record my shallow research results.
II. Main Text
1. Basic Information of the Target
（1）Token Name: $MORE (Moonveil) $
（2）Project Positioning: Full-stack Web3 Game Ecosystem (not currently a hot sector), combining original and third-party games, publishing, and L2 infrastructure;
（3）Launch Date: On June 27, Binance Alpha airdropped the token and it was simultaneously launched on platforms such as Gate, MEXC, Bitget, Kucoin, etc.;
（4）Team Situation: Chinese team, suspected base in Hong Kong. From the disclosed information, it appears to be a team that has been operating for more than a year;
（5）Chip Concentration: TOP 10 93.65%;
（6）Total Token Supply: 1 billion, current (initial) circulating supply: 180 million;
（7）Financing Situation: Non-small number shows the project has received $9 million in financing, and there are posts on X claiming $25 million in financing, which is not currently adopted. It is rumored that the financing price was 0.074, and the current price has dropped about 1.5 times compared to the financing price;
（8）Current Circulating Market Value: Approximately 5.62 million;
Binance Alpha's lowest price of the day was 0.01422, highest price was 0.1075, and the current price is hovering around 0.03.
According to the project white paper, the maximum circulation is expected to reach (roughly) 250 million by July 27, and since it is a linear unlock, it will not actually reach 200 million. Considering the current situation of breaking the issue price, the author believes that unlocking will not have an impact on the coin price. To sell, first pump it up!
（9）Historical Performance: Sales exceeded $11 million in the third quarter of 2024. (As stated by the official account)
2. Summary of Entry Reasons
（1）The 4-hour and daily charts look good, with the daily chart having six consecutive positive candles;
（2）Current market value is undervalued; considering the financing situation and the sales performance at the quarterly node in 2024 (if true), given that the current price is below the financing cost price, unless there is a short-term pump for profit realization, the possibility of loss realization is extremely small;
（3）Most token models have linear unlocking, so there is no need to worry about large unlocks in the short term;
（4）The circulating chips are highly concentrated;
（5）X Popularity: None, official account is continuously updating.
3. Operation Mode Positioning
（1）Positioning: Short-term operations from January to March;
（2）Entry Price: Initial position at 0.023, with 0.025, 0.027, and 0.031 also available;
（3）Profit-taking Target Price: Gradual profit-taking when market value reaches 12 million yuan;
（4）Stop-loss Operation Mode: If the current price drops 20-30%, increase the current position to 100%; if it falls below the previous low point (about 50% of the current price), liquidate the position.
4. Risk
（1）The circulating chips are highly concentrated;
（2）Non-hot sector.
III. Summary
（1）Welcome, experts, to provide guidance!
（2）The above is purely personal record and does not constitute any investment advice.