Alpha is launching $CYC today. I briefly checked the project's information and would like to share it with everyone:
Cycle Network focuses on full-chain interoperability, addressing the isolation issues between chains in the current blockchain ecosystem.
The project is incubated by YZI Labs and has received investments from well-known institutions such as Manta and Vertex Ventures, with an estimated valuation of up to 100 million USD (FDV).
The total supply of $CYC is 1 billion tokens, with an initial circulating supply of 152 million tokens (15.2% of the total).
The initial price prediction at launch is between $0.05 and $0.2.
It is worth mentioning that this project has several advantages:
1. Cycle Network already has a locked value (TVL) of 40 million USDT and 1.629 million transactions.
2. Cycle Network's flagship application, Golden Goose, is even better, with 15 million USDT TVL, over 20,000 paid users, and an annual yield of up to 39.2%! How to earn? Stablecoin staking (12-18%), cross-chain liquidity mining (25-40%), “diamond egg” NFTs (5-10%) plus support, and the AI engine helps reduce risk! TikTok short videos have attracted over 200,000 followers, with a monthly increase of 18% in paid users, ranking 11th on the RootData hot list, and the TVL is expected to reach 35 million USDT by 2026!
3. The community is also thriving, with 820,000 X followers, 260,000 Telegram members, 27,000 active users on Discord, plus 200,000 TikTok followers, achieving global influence! Cycle has also collaborated with over 20 projects including Berachain, Symbiotic, and Renzo. The Piggy Bank's non-bridged minting has brought in over 1.7 million users, with huge profit potential!
#CycleNetwork #GoldenGoose #DEFİ
Overall, this project is quite good, and the valuation is relatively low! Those interested can pay more attention!
Disclaimer: The above analysis is based on existing information for reference only and does not constitute investment advice. $BTC $ETH