#UPONLY 2.05 million market cap—reasons for optimism

1. The narrative is interesting: the BNC concept—a story that only goes up, with no down. The core mechanism is actually very simple: 10% of the treasury reserve. Whenever the price retraces by 10%, the treasury performs a buyback. With continuous buybacks, stronger support is built for the price. The long-term goal is to keep raising the price floor.

2. Clear trend. The highest valuation of the new launch reached 6.68 million, then it dropped to 2.05 million and stabilized a bit. The holder/coin distribution structure is reasonable: the top 100 account for 48.8%. The average cost is 2.18 million market cap. There are a few “locomotives” (key holders).

3. The community is decent. There are about 5,600 holders; the community has over 3,000 people. Both the Chinese and English communities have participants. It mainly relies on image and text promotion

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Follow the Web3 Koi Diary—your purchased coin will multiply tenfold

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