$OPN Valuation summary and thoughts Current stage: Pre-market FDV has reached $6.6 billion+, which is considered a medium to high valuation in a bear market (similar to early predictive market projects often starting high and dropping low). If Binance spot + favorable developments like Korean exchanges materialize, or AI/predictive narratives remain hot, it is expected to reach $8-10 billion; on the contrary, the risk of TGE dumping is high, and a correction to $4 billion–$5 billion is healthier.
Short-term perspective: Long and short positions are crowded, driven by sentiment. Those looking to bet on a rebound should wait for a low buy during the correction; those who are bearish have already positioned themselves at high levels.
Long-term perspective: The project's fundamentals are strong (on-chain settlement + macro market + institutions), but we need to see user retention and selling pressure digestion after TGE. If the platform's TVL/volume continues to grow, a $10 billion FDV is not a dream; otherwise, it is likely to revert to a reasonable range of $3-5 billion.
In one sentence: OPN's valuation is not low, but the narrative + institutions + Binance linkage still has upside potential, high risk and high return. Strongly recommend DYOR, for further analysis, please follow me!
Short-term perspective: Long and short positions are crowded, driven by sentiment. Those looking to bet on a rebound should wait for a low buy during the correction; those who are bearish have already positioned themselves at high levels.
Long-term perspective: The project's fundamentals are strong (on-chain settlement + macro market + institutions), but we need to see user retention and selling pressure digestion after TGE. If the platform's TVL/volume continues to grow, a $10 billion FDV is not a dream; otherwise, it is likely to revert to a reasonable range of $3-5 billion.
In one sentence: OPN's valuation is not low, but the narrative + institutions + Binance linkage still has upside potential, high risk and high return. Strongly recommend DYOR, for further analysis, please follow me!
