Today, Binance ALPHA has two new tokens launching $ACU and $ELSA

1. Launch Time

Launching on Kraken, KuCoin, BitMart, and other secondary exchanges at 20:00, expected to launch on Binance ALPHA at 18:00

2. Project Introduction and Financing Situation

Acurast is a decentralized computing layer, hosted around the world, providing confidential and verifiable computing protected and supported by mobile device hardware

Financing 1100 million, participated by CoinList, Tezos, Web3 Foundation and others

CoinList public offering 5.4 million, corresponding price 0.09 U

3. Economic Model and Market Value Situation

Total supply 1 billion, circulating supply 215 million, project team pre-adds 500,000 U pool, price 0.15 U, corresponding circulating market value 32.25 million, BitMart pre-market 0.0725 U, trading volume 50,000 U, corresponding circulating market value 15.58 million

Community: 5%
Early Provider: 6.5%
Airdrop: 1%
Listing Reward: 5% (TGE fully unlocked)
Public Sale: 6.5% (TGE fully unlocked)
Operations: 11.5%
Community Treasury: 24%
Team: 24%
Liquidity: 10% (TGE fully unlocked)
Early Supporters: 6.5%

IV. Opening Operation

The pre-market price is severely inverted compared to the pool price, indicating a serious lack of market confidence in the project and little willingness to buy. In this case, one can only sell the coins after receiving them.

CoinList public offering opens at 19:00, the dumping army arrives on the battlefield, the airdrop will only be available for collection a week later, the selling pressure mainly comes from the public offering. If the opening price drops significantly, around 0.07U can be considered for a rebound, one must run around 18.30.

There are no hot spots in the track, and the market is not doing well. It depends on whether the project side wants to impact the contract position. From the project's background, if the coin price can stabilize, there is still a chance. We can only wait for the public offering to finish before assessing the situation.