Welfare has arrived. Binance is full of benefits.
Tomorrow's MMT new issuance is here again, and this time the upper limit for participation has increased. Is there still a chance for retail investors? Let's take a look at the detailed analysis from the Black Knight below.
First, if you participate with 7 BNB, the estimated return is around 200 USD! If you can only participate with 1 BNB, the estimated return is only 20-25 USD. Based on this return, you can decide whether to participate or not! (Based on an estimated MMT price of 0.7 before issuance and a projection of 500,000 BNB, this is just a speculation!)
Now, regarding this new issuance, it seems that Binance wants to increase the upper limit to push the price of $BNB up, but the effect is not very good. It feels like after tomorrow's issuance, BNB is likely to drop significantly, and those with a strong risk appetite can consider shorting (not investment advice).
Tomorrow's MMT new issuance is here again, and this time the upper limit for participation has increased. Is there still a chance for retail investors? Let's take a look at the detailed analysis from the Black Knight below.
First, if you participate with 7 BNB, the estimated return is around 200 USD! If you can only participate with 1 BNB, the estimated return is only 20-25 USD. Based on this return, you can decide whether to participate or not! (Based on an estimated MMT price of 0.7 before issuance and a projection of 500,000 BNB, this is just a speculation!)
Now, regarding this new issuance, it seems that Binance wants to increase the upper limit to push the price of $BNB up, but the effect is not very good. It feels like after tomorrow's issuance, BNB is likely to drop significantly, and those with a strong risk appetite can consider shorting (not investment advice).
