Valuation: Australian lion brother believes that VANA will open at $30-35

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The mining of Binance$VANA's pool has ended. Let's estimate the revenue and coin price as usual. To be honest, the selection of @withvana this time was beyond the expectations of many people, so much so that there was basically no pre-market list $VANA, and the token price could only be estimated by comparing with similar AI concept chains on the market. Let’s first look at the token economy. The total amount is 120 million, with 25.07% in circulation during TGE. Binance Pool mined 4% of the amount in 2 days. Judging from the token release model, the bulk of the money is given to the community, accounting for 16.17%. This is very generous to early supporters such as those who participated in mining/holding NFTs, and it is definitely a big profit. Some recent projects that have performed well online are often very community-focused, and the community also gives rewards by firmly holding coins and participating in construction, forming a virtuous circle. VANA has not unlocked the investors and core members, and has passed on the benefits to the community, so the situation seems to be okay. Let’s predict the price of the coin by comparing it with the already listed $IO and $GRASS. $GRASS Currently, Mcap is 930 million, FDV is 3.8 billion, if it corresponds to $Vana, then the price is 31.6 dollars each $IO Currently, Mcap is 517 million, FDV is 3.3 billion, corresponding to $Vana, then the price is $27.5 each Then considering that BTC hit ATH again today, the alt market followed suit and the sentiment is not bad. $VANA It was not a hot project in the early stage, and it was not targeted by the fur hunters. The V family army showed a relatively united performance on Twitter. It is possible that it will open high tonight. If I had to guess, I'd say maybe $30-35? In addition, those who didn't get any in the early stage can consider participating in mining later. After all, from the token emission diagram, we can see that the protocol continues to provide a large number of token incentives to the ecosystem. After checking the documents, there are the following ways to participate: 1. Data Contribution: Users can contribute their data to the Vana platform and receive VANA token rewards in return. 2. Participate in DataDAO: Users can create or participate in DataDAO (Data Decentralized Autonomous Organization) and obtain VANA tokens through governance and contribution. 3. Staking: Users can stake VANA tokens to support the security and operation of the network and receive corresponding rewards. 4. Validator role: Become a network validator, participate in block verification and consensus process, and receive VANA tokens as compensation. 5. Participate in ecosystem activities: Participate in various activities of the Vana ecosystem, such as development, testing, community building, etc., and have the opportunity to receive VANA token rewards. Just now, a friend in the community asked whether guessing 30 as the opening price is a bit too optimistic. I would like to add a few points: 1. @VANA doesn’t have many studios that are willing to buy it in bulk (at least there are no studios around me), so the pressure of airdrops and market crashes is slightly smaller. 2. VANA has not signed many KOL investments, so the KOL selling pressure will be less than that of those that have signed. 3. The previous project $USUAL was $SCR which was hit hard after the damage, but the second level was pulled up instead. Many people who sold it at a high price may not be willing to rush to sell at the market price this time. 4. If $VANA is $20, the annualized rate of BNB mining is 115%, and if it is $35, it can reach 200%. In a bull market, the return of Pool should not be too much to reach 150%, which is close to 30. 5. If the team is smart, they should be able to control a lot of airdrops and take advantage of the current market sentiment when the opponent is not busy. Of course, this depends on the team's situation. To be honest, the performance of the secondary market is far greater than the impact on the team's stealing of airdrops. In fact, I saw a lot of criticism after Binance’s announcement, thinking that @withvana was not good enough. Some of the arguments they cited were obviously not carefully studied. After all, criticizing Binance (especially the new coin) is now part of political correctness. The best way to counter these criticisms is not to defend them one by one, but to have a big green candle. Then the great scholars will start to seriously look at what Vana is doing and whether it is a real AI project.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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