Binance Square

弟大勿博

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Bearish
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$TGT This currency does not have the cross-circle effect. tgt is infinitely distributed as a reward, cannot rank on good web games, cannot rank on web3 money-sucking games. Failed product. Additionally, about 20% has been released, with around 200 million in market circulation, which means a circulating market value of 6 million USD, not the displayed ones. It is recommended not to enter without investigation; if you really want to play, you can do it with zero investment. Or do some hedging #TGTLaunch
$TGT This currency does not have the cross-circle effect. tgt is infinitely distributed as a reward, cannot rank on good web games, cannot rank on web3 money-sucking games. Failed product. Additionally, about 20% has been released, with around 200 million in market circulation, which means a circulating market value of 6 million USD, not the displayed ones. It is recommended not to enter without investigation; if you really want to play, you can do it with zero investment. Or do some hedging #TGTLaunch
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Bearish
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30958565814 Let’s be honest, the price of tgt is very difficult to raise because it is distributed infinitely as game rewards. The only way to drive the price up is for the project team to promise to use 15% of their income for buybacks. However, there are issues here: 1. You don’t know how much the project team earns; 2. There is no clear statement on when the buybacks will happen. This means that there is unlimited selling pressure on this token. As for the market, NFTs are generally not linked to the game, meaning there is no necessity to buy. The consumption of tgt in the game is also not significant. There are many web2 games that are much more entertaining than this; it can be considered an ordinary product. As for web3 games, there is no attraction for capital, making it impossible to attract people. The only ones who might be attracted are a niche group of players who genuinely want to play the game, which is unlikely to create a breakout effect. Therefore, I suggest not to buy. If you really want to play this game, I recommend taking a short position while playing. Otherwise, you might lose everything. Additionally, it should be noted that the current circulating supply is around 150-200 million, which means the market cap is roughly 6 million, not the hundreds of thousands displayed by Binance. However, the token has only released 15-20% of its supply. There are many good games in the market, and this game does not have the potential to break out, so think carefully!
30958565814 Let’s be honest, the price of tgt is very difficult to raise because it is distributed infinitely as game rewards. The only way to drive the price up is for the project team to promise to use 15% of their income for buybacks. However, there are issues here: 1. You don’t know how much the project team earns; 2. There is no clear statement on when the buybacks will happen. This means that there is unlimited selling pressure on this token. As for the market, NFTs are generally not linked to the game, meaning there is no necessity to buy. The consumption of tgt in the game is also not significant. There are many web2 games that are much more entertaining than this; it can be considered an ordinary product. As for web3 games, there is no attraction for capital, making it impossible to attract people. The only ones who might be attracted are a niche group of players who genuinely want to play the game, which is unlikely to create a breakout effect. Therefore, I suggest not to buy. If you really want to play this game, I recommend taking a short position while playing. Otherwise, you might lose everything. Additionally, it should be noted that the current circulating supply is around 150-200 million, which means the market cap is roughly 6 million, not the hundreds of thousands displayed by Binance. However, the token has only released 15-20% of its supply. There are many good games in the market, and this game does not have the potential to break out, so think carefully!
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