
XinGPT🐶|Feb 13, 2025 06:00
🌟 As an antique who has participated in the construction of BSC for 20 years, witnessing the mature path of BSC's previous wave:
1) IEO innovation has a beneficial effect, and if the IEO project is undervalued and participated by BNB holders, the returns will basically double. The fundamental reason is that the IEO project's valuation is only about 100-200m, which has led to BNB being pulled up.
2) IEO provides new quotas to BSC's DEX, such as Pancake, which increases the activity of Bsc DEX and drives the price of Cake.
3) Launch leading BSC projects, such as Cake and new coins on Cake. Due to the expectation of coin launch, users will buy Cake to participate in new coin releases, resulting in higher on chain enthusiasm.
4) As a result, a large amount of funds have been deposited onto the BSC chain, leading to frequent occurrences of golden dogs and the influx of new projects. Those projects that perform well have the opportunity to be listed on the Binance main site, thus forming a positive cycle.
🌟 And why is this round not working?
1) Due to regulatory reasons, IEO has been suspended;
2) BNB has a huge market value, and it is necessary to acquire a higher proportion of tokens from the launch pool project in order to provide a reasonable return to BNB holders,
2) But on the one hand, this return rate will cause the project to be ruined, forming a waterfall of VC coins; On the other hand, the price brought down by the new currency makes it difficult to attract newcomers to purchase BNB to participate in the launch pool
🌟 Why has the situation changed
1) CZ's call for tst to be directly connected to Binance indicates that the Tugou project on BSC has the opportunity to be directly connected. This kind of listing is expected to attract a large number of Solana's on chain leading companies to enter BSC for gold mining, and a large number of coin issuing groups will also come to BSC to cool
2) Pancake restarted IEO, driving both cake buying and BNB buying to participate in new listings. However, the valuation of new listings is extremely low, which is equivalent to giving newcomers the opportunity to buy BNB and get on board, returning to the way IEO pulled BNB in the past.
3) If the IEO project on Pancake performs well and has the opportunity to be listed on the main site, then there will be more opportunities to purchase BNB to make new purchases in the future.
🌟 How to participate in this wave of opportunities:
To be honest, the BN approach is correct, replicating the gameplay of the golden age. However, the problem is that it came too late, and the supply pressure of altcoins can easily drain the internal funds' PVP, making it more difficult to run out of the Golden Dog. Similar to the avalanche after the launch of tst, it was also due to insufficient funds.
But no matter how long-lasting BNB is, sit on it and have a good time first:
1) Safe gameplay: Buy BNB, if the big market doesn't collapse, see near a new high;
2) Medium risk: Buy Cake, the leader of DEX on the chain. The problem is that there have been many short-term gains, and there is a risk of a pullback if you intervene now; As a new DEX of BN, I don't know if there will be any further activity in the future. Let's wait and see.
3) Radical gameplay: Buy Tugou PVP on BSC. Recently, there has been a noticeable increase in funds on BSC, making it suitable for small funds to compete for big.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink