Original title: “New coin mining has been a long time coming, 18 issues of data deeply reveal Binance Launchpool’s revenue and strategy trends”
Original author: Nan Zhi, Odaily Planet Daily
In June of this year, during a downturn in the market, the spotlight was put on “VC coins” as the alleged cause of the market’s decline. Following this, Binance halted Launchpool activities post-IO (io.net).
Binance resumed Launchpool operations in August, introducing TON and DOGS; however, the yields were substantially lower compared to earlier in the year.
Recently, Binance rolled out the HMSTR (Hamster Kombat) Launchpool once again, sparking interest in price predictions and operational changes. Odaily delves into 18 periods of historical data to provide insights.
Key Points Preview:
HMSTR Price Predictions
– Dream price at 0.0593 USDT with an initial market value of $3.817 billion and FDV of $5.93 billion.
– Ideal price at 0.0256 USDT with an initial market value of $1.648 billion and FDV of $2.56 billion.
– DOGS’ initial market value suggests a reasonable price of 0.0104 USDT, with a market value of $671 million and FDV of $1.04 billion.
Evaluation of BNB Pricing
– HMSTR’s recent return rate is markedly lower, signaling a decline in annualized returns.
– BNB’s passive income has diminished, comparable to stablecoins due to Launchpool adjustments.
– Launchpool no longer significantly impacts BNB’s price, with little to no immediate price surge post-announcement.
Effectiveness of Mining Strategies
– Immediate purchase following Launchpool announcements may result in losses, favoring long-term holdings or hedging.
– The strategy of buying into Launchpool during bullish trends and selling at the end is less effective now, suggesting caution in short-term mining ventures.
Overall, the landscape of Launchpool dynamics and token valuations has evolved, emphasizing the need for revised strategies in navigating the market’s fluctuations.
