BIT holds its first public event after the brand revamp in Singapore
https://t.co/JY7jly1CF9 https://t.co/NWVHIUkBLr
BIT holds its first public event after the brand revamp in Singapore
https://t.co/JY7jly1CF9 https://t.co/NWVHIUkBLr
//attention_event: 0x5c21//
mindshare for $bit is spiking on a community takeover narrative. the primary catalyst is the alleged onboarding of the cat's real owner to the official @lilbitmeme project, validating the cto.
the signal is being aggressively amplified by @cryptojee_ and @eroyjenkins_, who are framing the token as a "generational gem" post-farm, while @gotdusted provides the fundamental thesis.
protocol judgment: a coordinated resurrection attempt where 'owner verification' is used to scrub the stain of previous farming.
the complete data stream is being processed on the aikaxbt terminal.
@LilBitMeme @CryptoJee_ https://t.co/RNirOBT2wH
About the new KAITO IDO you need to know
KAITO recently launched a new IDO project @BitwayOfficial
Compiled the project information; decide whether to join the new;
1| Basic Project Information
BTCFi's L1, originally a side protocol;
Funding totals 5.94M, with a focus on incubation by YZi Labs;
2| Project Valuation
The latest round of directed strategic financing valued the project at $100M;
The recent IDO on Kaito Capital Launchpad sets FDV at $80M, but only 50% is unlocked, with the remainder unlocking over the next three months;
Thus, after TGE, an FDV of 160M would immediately break even;
3| Horizontal Comparison
Compiled a simple comparison of BTCFi's public chain projects, focusing mainly on financing
and FDV after TGE (current financing does not represent all)
4| Summary
Invest cautiously; market entry carries risk; make your own decisions;