📅 Tonight Binance Alpha lists QUID. Here are my thoughts, briefly.
Squid is a cross-chain trading platform that has been running for 3 years, with cumulative trading volume exceeding $6 billion, over 1 million users, and total project funding of $13.5 million—it's not a dead coin.
However, selling pressure at the open could be significant.
QUID total supply is 1 billion tokens, with initial circulating supply of about 14.3%. Of that, the public sale is 5%, with a cost of only $0.045, and the entire TGE is fully unlocked; Binance Alpha accounts for about 1%. In addition, around 7% of the ecosystem allocation is suspected to be in the process of being broken up—keep an eye on that.
The pre-market price is around $0.07, which implies a valuation of $70 million. The buy-side on the Base chain was weak to begin with, and there’s no sign of a deep liquidity pool either. This may lead to a pattern of pumping fast and dumping fast.
My airdrop sell plan:
- $0.05 to $0.07: sell part first
- Above $0.08: sell most
- Above $0.10: basically fully exit
One sentence: the project has a product, but the token supply (circulating/available) is greater than the buy pressure. Reaching above $0.08 would already be good—don’t hold on and wait for $0.15.
For personal research only and does not constitute investment advice.
$QQQB $BSB $SPYB
#alpha #ALPHA🔥 #撸毛攻略
#亚马逊市值首破3万亿美元
#Palantir涨10%受Q2财报超预期推动
Squid is a cross-chain trading platform that has been running for 3 years, with cumulative trading volume exceeding $6 billion, over 1 million users, and total project funding of $13.5 million—it's not a dead coin.
However, selling pressure at the open could be significant.
QUID total supply is 1 billion tokens, with initial circulating supply of about 14.3%. Of that, the public sale is 5%, with a cost of only $0.045, and the entire TGE is fully unlocked; Binance Alpha accounts for about 1%. In addition, around 7% of the ecosystem allocation is suspected to be in the process of being broken up—keep an eye on that.
The pre-market price is around $0.07, which implies a valuation of $70 million. The buy-side on the Base chain was weak to begin with, and there’s no sign of a deep liquidity pool either. This may lead to a pattern of pumping fast and dumping fast.
My airdrop sell plan:
- $0.05 to $0.07: sell part first
- Above $0.08: sell most
- Above $0.10: basically fully exit
One sentence: the project has a product, but the token supply (circulating/available) is greater than the buy pressure. Reaching above $0.08 would already be good—don’t hold on and wait for $0.15.
For personal research only and does not constitute investment advice.
$QQQB $BSB $SPYB
#alpha #ALPHA🔥 #撸毛攻略
#亚马逊市值首破3万亿美元
#Palantir涨10%受Q2财报超预期推动