🔥🎒 BACKPACK — A CRYPTO PROJECT THAT DOESN'T WANT TO PLAY THE USUAL GAME
Today they shared more details about their tokenomics and, honestly, I think it's worth stopping to understand what they're trying to build here — because it's not the typical industry approach.
I've been following it for a while and here's my take 👇
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🧠 Who's behind it The CEO is Armani Ferrante, an engineer who was part of the Solana ecosystem and one of the early drivers of key infrastructure in the space. He's been building real products in crypto for years, not market narratives, and the philosophy he's applying at Backpack is clearly visible in the project's design. Their stated goal is ambitious: 👉 build a company capable of going public in the U.S. (IPO)
This is not marketing — it's a long-term strategy that involves regulation, compliance, and sustainable growth.
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🏦 The vision (beyond crypto) Backpack is not trying to create just another exchange.
They're building hybrid infrastructure:
🔹 Global banking rails (USD in USA, EUR in EU, JPY in Japan…) 🔹 Access to traditional assets 🔹 Integration with regulated financial markets 🔹 Institutional products 🔹 Structured geographical expansion
Curiously, as of today they only cover ~48% of the world 🌍 They've prioritized regulation and compliance over fast growth.
It's like running with a parachute… but with the intention of flying high afterwards.
— 🪙 Tokenomics (what sets them apart) The core principle is very straightforward: ❌ No insiders receiving liquid tokens ❌ No founders dumping on retail ✔ Team incentivized through company equity ✔ Team tokens held in corporate treasury ✔ Locked at least until after a potential IPO
This completely changes the incentive dynamics.
— 🚀 Distribution oriented toward users Liquid tokens are unlocked primarily toward users and tied to growth:
✔ Opening of new regions ✔ Product launches ✔ Ecosystem expansion
$SUI 🔥 SEGNALE DI TRADING – SUI/USDT 🔥 Coin: SUI Prezzo Attuale: $0.94 Bias di Mercato: Ottimistico a Breve Termine A livello di $0.94, SUI si trova vicino a una forte zona di supporto. L'azione del prezzo suggerisce consolidamento dopo un ritracciamento, e gli indicatori di momentum su timeframe più bassi stanno iniziando a salire. Questo spesso segnala un possibile rimbalzo se gli acquirenti difendono quest'area. Impostazione del Trade Zona di Entrata: $0.92 – $0.96 Obiettivi: 🎯 Obiettivo 1: $1.02 🎯 Obiettivo 2: $1.08 🎯 Obiettivo 3: $1.15 Stop Loss: $0.88 $SUI
$PIPPIN Entry: 0.2650 – 0.2690 SL: 0.2480 TP: 0.2850 – 0.2980 – 0.3100 Seeing $PIPPIN print a strong rejection wick at the 0.251 support followed by a bullish flip over the MAs tells me the buyers are digging in their heels. The price is carving out a clean higher-low structure while consolidating, making it feel like a fresh surge toward the 0.30 resistance is currently loading. Trade $PIPPIN here 👇
$B –trend still heavy Short $B Entry: 0.146 – 0.150 SL: 0.160 TP1: 0.138 TP2: 0.130 TP3: 0.120 The push higher stalled quickly and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift.
$DOLO Compression Prima del Pop Il prezzo si sta comprimendo dopo una forte fase di recupero 👀 La pressione a metà gamma sta aumentando e la prossima mossa potrebbe essere esplosiva 🎯 Obiettivi in Vista 0.0380 → 0.0410 → 0.0450 🛑 Rischio Definito SL: 0.0318