Recently, Audiera's performance has been dazzling. Looking back, I realized that I lacked some understanding of this project. I used to think that these old IP blockchain projects were somewhat sentimental, so I didn't pay much attention at the time.
Now, I am getting slapped in the face. After careful research, I found that this time it feels a bit different. The path it is taking now is fundamentally different from many high FDV leading projects.
In comparison to those projects with high unlocking pressure (like MapleStory), Audiera has an extremely restrained single-token model. What players fear most in Web3 games is the endless selling pressure from the project team.
But $BEAT , with its single-token model and low initial circulation, has a completely low-opening chip structure.
The recent quick surge was also typical, with prices pushed up continuously from around 1.9, and the market responded decisively, more like active funds testing upper support rather than emotional buying.
Now, the price is fluctuating around 2.4, and the derivatives open interest has increased by 97% in 24 hours, with short liquidations accounting for 67%. I find this data structure quite healthy. There is revenue support, expectations for burning, and a user base, so I am willing to continue observing this market.
#beat $BEAT
