Let's talk about the $NIGHT project, which is a well-structured token. The last project that was praised across the internet was $XPL, and the similarity with @Plasma is that both have absorbed chips and also pumped the price; $Night is the same, having absorbed the tokens from okx's flash profit and also pumped the price, and it hasn't even been listed on Binance spot and South Korean exchanges yet. Let's take a look at the investment logic behind this project: 1. Fundamentals: The programmable privacy track is a project by the original team of Cardano; 2. Economic model: Total issuance of 24 billion, circulating supply ratio of 69.2% FDV 1.68 billion, MC 1.18 billion Currently, the daily airdrop is 7.7 million tokens, about 50wu/day 3. Potential for price increase: The structure of the token is large, it has absorbed all the selling pressure, and it hasn't yet been listed on Binance spot and Korean exchanges, and currently the OI is still not large, so it can be bet on for a price pump 4. The current market value of $ADA is FDV 18.3 billion, and the beloved $NIGHT has a market value of 1.7 billion, which is less than 1/10
$RAVE was launched on Binance alpha, creating a wealth effect. Due to not being listed on Binance contracts immediately, the current price has pulled back, but it is still a project worth investing in @RaveDAO. The investment logic is as follows:
1. Narrative: web3 electronic music festival DAO narrative, belonging to the service industry in the cryptocurrency space;
2. The business model is simple and easy to understand, mainly derived from ticket sales, sponsorship revenue, NFT income, etc.;
3. This project obviously has great resources, well-organized, receiving support from Binance + yzi labs + aster + USD1 Trump family + cz retweets, etc. It is a good judgment standard to see who is on the project;
4. From the economic model, the total issuance is 1 billion, with a TGE circulation of 23.03%. In addition, the remaining tokens are all locked up and will be gradually released after 1 year, meaning there will be no selling pressure in the coming year;
5. After the exclusive TGE on Binance alpha, there was a surge, becoming a project of interest, sparking heated discussions in the market, and those who purchased NFTs also made a lot of money, bearing the selling pressure from airdrops;
6. From the project's K-line and market cap trends, it meets Binance contract listing standards; listing on Binance contracts is a certainty, and major exchanges like Korean exchanges, Coinbase, etc. have yet to go public. If the price pulls back significantly, I will continue to DCA buy in, waiting for a violent surge after the contract;