Before the TGE, I actually don’t really want to guess the TMX opening price.
$TMX’s TGE is getting closer and closer.
At times like this, two types of content are the most likely to appear: guessing the opening price, and calculating how much you can get.
I’d rather put the price aside for now.
From TermMax’s V1 last year to V2 now, at least one thing is already fairly clear: it wasn’t waiting to issue tokens before it started filling in the product. The App V2 launched in May has unified orders from different sources; the multi-chain market is now in a single interface; and Limit Orders have been expanded to all markets.
Looking further back, when the official team summarized V1 last year, it directly admitted three problems: liquidity was too fragmented, capital turnover was too slow, and unsold funds would just sit idle. V2 is basically continuing to iterate around these issues.
So before the TGE, what I care about isn’t really:
“How high can TMX’s first K-line go?”
Instead, after the token is issued, whether the Token can support a product that people are already using—rather than the other way around, relying on the Token to find demand for the product.
TMX’s official positioning is itself a TermMax utility plus a governance token.
Once the price goes live, the market will naturally decide.
But whether the product runs ahead of the Token—that sequence—is what I think is more worth watching.
@TermMax #TermMax
$TMX’s TGE is getting closer and closer.
At times like this, two types of content are the most likely to appear: guessing the opening price, and calculating how much you can get.
I’d rather put the price aside for now.
From TermMax’s V1 last year to V2 now, at least one thing is already fairly clear: it wasn’t waiting to issue tokens before it started filling in the product. The App V2 launched in May has unified orders from different sources; the multi-chain market is now in a single interface; and Limit Orders have been expanded to all markets.
Looking further back, when the official team summarized V1 last year, it directly admitted three problems: liquidity was too fragmented, capital turnover was too slow, and unsold funds would just sit idle. V2 is basically continuing to iterate around these issues.
So before the TGE, what I care about isn’t really:
“How high can TMX’s first K-line go?”
Instead, after the token is issued, whether the Token can support a product that people are already using—rather than the other way around, relying on the Token to find demand for the product.
TMX’s official positioning is itself a TermMax utility plus a governance token.
Once the price goes live, the market will naturally decide.
But whether the product runs ahead of the Token—that sequence—is what I think is more worth watching.
@TermMax #TermMax