edge
Circulation volume is 35%. It has already been repurchased 4.86%. The circulating market cap is 210 million (0.21 billion). As for the real market cap, it’s only about 100 million, because half of the allocation is an air-drop to the project team that hasn’t moved—i.e., it’s in the project-side “mouse warren”/insider custody and not actively traded.
Currently, the daily repurchase amount is around 20,000 USDT, which is about one-sixth of lit. The platform’s monthly protocol income is about 3.6 million, which isn’t very far from lit—only about a 20% difference. But the circulating market cap differs by 6 times, and the real circulating market cap differs by 12 times.
So actually, edge’s value for money is still quite high. With daily repurchases of 20,000, the annual repurchase amount is 7.2 million. A repurchase amount that high is already very significant in the crypto market—especially since the real market cap is only 100 million.
When the income is about the same as lit, the coin price is only one-sixth of lit’s. Also, the project team has insider accumulation/price control (“mouse warren”), and it’s possible that when the coin price is depressed, they may quietly keep accumulating to control the price. If later the coin price can reach even half of lit’s market cap, I think the room for profit would be very large.
Circulation volume is 35%. It has already been repurchased 4.86%. The circulating market cap is 210 million (0.21 billion). As for the real market cap, it’s only about 100 million, because half of the allocation is an air-drop to the project team that hasn’t moved—i.e., it’s in the project-side “mouse warren”/insider custody and not actively traded.
Currently, the daily repurchase amount is around 20,000 USDT, which is about one-sixth of lit. The platform’s monthly protocol income is about 3.6 million, which isn’t very far from lit—only about a 20% difference. But the circulating market cap differs by 6 times, and the real circulating market cap differs by 12 times.
So actually, edge’s value for money is still quite high. With daily repurchases of 20,000, the annual repurchase amount is 7.2 million. A repurchase amount that high is already very significant in the crypto market—especially since the real market cap is only 100 million.
When the income is about the same as lit, the coin price is only one-sixth of lit’s. Also, the project team has insider accumulation/price control (“mouse warren”), and it’s possible that when the coin price is depressed, they may quietly keep accumulating to control the price. If later the coin price can reach even half of lit’s market cap, I think the room for profit would be very large.
