$WET Those who have been paying attention to me will definitely notice that I have been promoting this project recently, mainly because its data is outstanding. There is no promising future, it went live directly as the leader, with monthly trading volume crushing met, directly the number one dex on the sol chain. Third in the entire chain, only the established uni and cake are above it.
To briefly explain the fundamentals, the total supply of tokens is 1 billion, with an initial circulation of 23%, and the current price is 0.25, which means a market capitalization of 56 million, with a valuation of 250 million.
Token distribution (initial circulation in parentheses):
Laboratory: 25%
Foundation: 40% (8%)
Ecosystem: 25% (5%)
Public offering: 10% (10%)
This token does not have an institutional round, only an ICO, which is a public offering for new investment, totaling 5.57 million. The cost for whitelist and stakers is 0.05, and unconditional is 0.069. A total of 8003 accounts participated, obtaining this 10%.
It seems that the chips are a bit scattered, but who knows how many project insiders have taken them. Secondly, this dex has already occupied over 40% of the spot trading volume on the sol chain.
So I am firmly bullish on wet!!
