$TREE $TREE

New Coin Research for November $TREE (Treehouse)

Total supply: 1 billion, initial circulation: 15.6%

Binance Alpha: Unknown

Binance, Bybit, Gate, MEXC: 7.29 22:00 (UTC+8)

Seed round financing: 18 million

Strategic round financing: Unknown, valuation FDV: 400 million, corresponding coin price: 0.4, corresponding circulating market value: 62.4 million

Assuming seed round valuation is 200 million, then seed round token allocation is 9%, strategic round token allocation is 8.5%, thus strategic round financing amount is 34 million

Clear financing of 18 million, total financing estimated at 52 million

Current pre-market coin price: 0.7, corresponding circulating market value: 109.2 million

Token allocation details:

Institutions: 17.5%

Team: 17.5%

🚩 Team: 12.5%

🚩 Core Contributors: 5%

Treasury: 12.5%

Ecosystem: 10%

Future Airdrop: 5.75%

Community Airdrop: 10% (10%)

Exchange Marketing: 3.75% (2.3%)

Liquidity: 3% (3%)

Community Rewards: 20% (0.3%)

Binance allocates 1.25% of tokens to HODLers

Assumed allocation to Alpha tokens is 0.25%

ETH, BSC chain deployment

CA: 0x77146784315Ba81904d654466968e3a7c196d1f3

Project team chip: Liquidity (3%) = 3%

Long-term distribution chip: Exchange marketing (0.8%) + Community rewards (0.3%) = 1.1%

Initial selling pressure chip: Community airdrop (10%) + Exchange marketing (1.5%) = 11.5%

Gork: Treehouse provides decentralized finance (DeFi) data analysis tools and fixed income products, empowering users to optimize digital asset management and investment decisions

Positive:

1. Project financing is high, with expectations for Upbit, very small

2. Airdrop may get stuck on the ETH chain, turning actual circulation in a short time into 5.6%, creating a short squeeze

Negative:

1. TVL is only 600 million, why can it support the current 700 million FDV

2. 10% community selling pressure is too large, with 70 million selling pressure, currently no feedback indicating the airdrop won't work

At the current price, I feel like it's just giving money to the short sellers

If the airdrop doesn't have any issues, as long as the distribution goes smoothly, I would mindlessly short, even considering future business growth, I still think the short-term coin price should be below 0.5

If the airdrop is stuck on the ETH chain and can't drop in a short time, no matter how high it goes, I will chase it first, and short later

Information source: Project white paper, official Twitter, RootData, CoinMarketCap