Send a conspiracy theory👇

The public offering of XProtocol has officially launched. After researching their token distribution, I personally believe there is significant potential for a price surge. Allow me to analyze.

Public offering market cap: $3.5 million (as a DePIN Layer 3 project, this is indeed low)

There are several rounds of token releases at TGE:

Strategic round financing: 5%, TGE unlock 10%

Community airdrop: 6%, TGE unlock 28.57%

Liquidity: 6%, TGE fully unlocked

Public sale: 5%, TGE fully unlocked

From the perspective of chip distribution, most tokens at the opening are held by market makers (liquidity), while the tokens for the team, advisors, and foundation will not start unlocking until 6 months later. As long as the market makers can absorb the selling pressure from the public offering ($297,000 USDT), a price surge should not be a problem.

Finally, the fundamentals. XProtocol:

① DePIN Layer 3

② Investors include Dragonfly, Cogitent Ventures, and CoinFund, among others

③ Has 10,000 active nodes; over 3,000 XForge (DePIN mobile) sold

Participation link: https://app.fjordfoundry.com/token-sales/0x1C980AbDC0e0C03f32abcbA468cC6d27E5feCe62

Do your own research (DYOR)

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