The Pre-TGE of Bitlayer has ended, and many people have questions about the value of the token. To conclude, the opening price is 0.2-0.3 USD/BTR.
This project is one I have been following closely. From July 31 to August 7, the tokens were pre-sold on Coinlist (previously sold SOL), with 2% of the tokens available for sale, raising 4 million USD. The pre-sale price was 0.2 USD and 0.15 USD. For non-U.S. traders, the price is 0.2 USD per BTR, and the purchased tokens will be fully unlocked at the TGE. U.S. traders purchase at 0.15 USD per BTR, but they must lock their tokens for one year, meaning they can only sell them one year after the project's launch. Ultimately, the total funds raised exceeded 6 million USD, overshooting by 50%, which well reflects the optimism of foreign investors towards this project. In the second pre-sale, only 200,000 USD worth of tokens were sold at a price of 0.2 USD/BTR, and they sold out completely in 10 seconds. This likely indicates that the opening price will not be lower than 0.2.
PS: The project team issued a large number of airdrops, but there are almost no zero-cost airdrops; most long-term task participants have costs around 0.1 USD/BTR or even more. There’s no need to worry about selling pressure; the project team has sufficient funds.
PSS: Regarding wallet activity, one NFT can yield 5,200 tokens. Why give so many? Because when the NFT was newly released during the New Year, buying one cost nearly 1,000 USD. So, the cost comes out to around 0.2, haha, this project team is not at a loss.
