$OPN Valuation Summary and Thoughts Current Stage: Pre-market FDV has reached $660 million+, which is considered a medium-high valuation in a bear market (similar to early-stage prediction market projects that often open high and close low). If Binance spot + favorable conditions from Korean exchanges are realized, or if AI/prediction narratives continue to heat up, it is expected to surge to $800-1 billion; conversely, the risk of a TGE crash is high, and a pullback to $400-500 million would be healthier.
Short-term Perspective: Long and short positions are crowded, driven by sentiment. Those looking to bet on a rebound should wait for a pullback to buy low; those who are bearish have already positioned themselves at high levels.
Long-term Perspective: The project's fundamentals are strong (on-chain settlement + macro market + institutions), but it depends on user retention and selling pressure digestion after TGE. If the platform's TVL/volume continues to grow, a $1 billion FDV is not a dream; otherwise, it is likely to revert to a reasonable range of $300-500 million.
In a nutshell: OPN's valuation is not low, but the narrative + institutions + Binance linkage still has upside potential, with high risk and high reward. Strongly recommend DYOR, and for further analysis, please follow me!
Short-term Perspective: Long and short positions are crowded, driven by sentiment. Those looking to bet on a rebound should wait for a pullback to buy low; those who are bearish have already positioned themselves at high levels.
Long-term Perspective: The project's fundamentals are strong (on-chain settlement + macro market + institutions), but it depends on user retention and selling pressure digestion after TGE. If the platform's TVL/volume continues to grow, a $1 billion FDV is not a dream; otherwise, it is likely to revert to a reasonable range of $300-500 million.
In a nutshell: OPN's valuation is not low, but the narrative + institutions + Binance linkage still has upside potential, with high risk and high reward. Strongly recommend DYOR, and for further analysis, please follow me!
