The scores are out, and the requirement is to accumulate 220 points! Participant earnings are now guaranteed! The start time for the second phase Sale Pre-TGE(MMT) is from 17:00 to 19:00, and trading will be available on November 4th at 18:00. The limit is 7, with an estimated profit of $25 to $20 per BNB. If you have a small amount of BNB, do you think it’s worth participating? The account's capital is the backbone of earning profits. #Binance Wallet TGE
Currently, the pre-market price is $0.75, and the TGE selling price is $0.1, with a total of 15,000,000 pieces. The total amount for this airdrop is $9.75 million, considering the price may drop after going live, the estimate is $8 million. On Tuesday, the TGE participation BNB amount was 235,000, and considering the score decline but an increase in BNB quantity, the estimated participation BNB for this TGE is 400,000, with an estimated single profit of $20 to $25. If the score is 144, the profit may be terribly low. #Binance Alpha New Listing
Currently, the value of an airdrop is only $30, as participating in the event will deduct 15 points. If you can participate with two or three BNB, it seems to make sense; with just one, I really do not recommend participating, but the volatility risk cannot be underestimated. Borrowing requires double the margin, $17,500 to borrow 7 BNB.
If BNB fluctuates by two or three points, there will be no profit. I plan to buy 7 BNB for each account and then open a short position to hedge, intending to wait until 5:30 to hedge. Hedging with a single account requires a fee of $8. Participating in the event 7*23=161-$8 cost = approximately $150 profit. Investing $12,000, profit $150, a barely acceptable return.
Everyone must try to maximize profits according to their own situation and capabilities.