New Coin Research $QUID

Project Overview: The small fox wallet has a built-in cross-chain feature from a vendor

🤡 Rating: $QUID

1️⃣ Positives for listing: Moderate-to-good odds on Binance Futures—first goes live at 23:00 on upbit; other listings are with Sea Demon, BG

2️⃣ Positives:
- The pre-market price corresponds to a relatively low circulating market cap: less than 10 million, and the financing amount is also under that
- The project’s financing background is above average; in the last round, there was Ripple investment

3️⃣ Negatives:
- In May, it raised 6 million; a few days later, hackers stole 3 million
- For the new launch, there are 50 million tokens unlocked, plus 10 million alpha airdrop sell-pressure; total sell-pressure at open is 60 million—old projects may not be able to absorb it
- AlphaChain liquidity is not as good as BSC
- The news indicates that BG and alpha will open trading simultaneously at 9:00 PM

Overall Conclusion
1. If you’re targeting it, target it high and run, because sell-pressure is heavy
2. With a low circulating market cap, it relies on the team to pull up the price

Only collecting data, not investment advice—DYOR

$BSB $BTC