December 5, Binance Alpha #POWER (#PowerProtocol)
@PWRDAO
I. Operation Suggestions
No financing, three no projects, the TGE unlocks about 21% of the total supply, with airdrops accounting for around 65%. There’s not much discussion about the project, and it’s estimated that the airdrop is used by the project team for their own profit. Although the project team claims they will buy back, it’s highly likely that it will be sold off as soon as it comes out. The wash trading might pump it a bit, estimating around 30U profit.
II. Project Background Analysis
Power Protocol is an ecosystem focused on blockchain entertainment, aiming to support games, protocols, and incubation projects through the $POWER token. The project emphasizes the utility of the token, including in-game purchases (such as diamonds, guilds, bundles), on-chain real-time operations, staking, and cross-game and project integration.
III. Pre-market Price
None
IV. Chip Analysis
See chart
V. Profit Estimate:
Passing score is 245 points, profit 25-50U.