Analysis of 8.8 Alpha Airdrop Sidekick ($K)
Sidekick will launch on Binance Alpha on August 8, with a pre-market trading price of $0.45 and an FDV of approximately $450 million. There are concerns within the community regarding whether Telegram bot users will receive airdrop allocations, as the official tokenomics does not clearly mention an airdrop plan.
Token Economics
Token Symbol K
Total Supply 1 billion
Initial Circulation 111.3 million (11.13%)
Current Pre-Market Price $0.45
Valuation (FDV) ~$450 million
Market Performance Expectations
Valuation Analysis
Pre-Market FDV: ~ $450 million
Initial Circulating Market Cap: ~ $50 million (based on $0.45 price)
Circulation Ratio: Only 11.13%, with supply pressure risks
Risk Factors
High Valuation: $450 million FDV is high for a new project
Low Circulation Ratio: May face unlocking pressure
Airdrop Uncertainty: May affect community sentiment
History of Telegram Bot Projects: Poor performance in projects like Moonbix
Selling Timing
Conservative Strategy (Recommended)
Sell at Listing: 50% 24 Hours Later: Sell 30% Based on Performance Long-term Hold: 20% (Set Stop Loss at $0.25)
Aggressive Strategy
Sell at Listing: 30% 48 Hours Observation: Decide 40% Based on Trend Long-term Hold: 30% (Optimistic about LiveFi Concept)
Key Decision Nodes
Immediate Sell Signal
Price below $0.35 after listing
Significant negative feedback from the community regarding airdrop allocation
Volume rapidly declines within 2 hours
Key Decision Nodes
Immediate Sell Signal
Price below $0.35 after listing
Significant negative feedback from the community regarding airdrop allocation
Volume rapidly declines within 2 hours
Hold Signal
Price stabilizes above $0.45 with healthy trading volume
Official announces a detailed and fair airdrop allocation plan
Gains confirmation for listings on more mainstream exchanges
