Tonight at 9 PM Beijing time (September 8, UTC 13:00), #OpenLedger will be listed on Binance. This project has been one of the #AI projects we have been tracking and researching for quite some time.

This time, the listing on Binance's spot market is beyond our expectations. This is not a treatment that can be easily given, and the usual process for most Binance projects is: first, they go live on the contract market, and then gradually on the spot market. But this time, #OpenLedger is going directly to Binance's spot market, which is significant! We can infer two points:

• First, this kind of treatment is not common on Binance, indicating that it is either a strategic-level project or that institutional support is very strong.

• Second, it is highly likely that the funds and topic surrounding this surge are basically stable, and the community atmosphere has already fermented adequately.

Moreover, looking at the financing lineup, #Polychain, #Borderless, #HashKey, combined with the technical team from Stanford, this is definitely not a small workshop. For a project that "Binance is willing to stake its brand on," I believe it must be taken seriously after the market opens tonight!

In terms of valuation and market heat, the total supply of the $OPEN token is 1 billion, with an initial circulation of 21.55%, which is 215 million. At the current pre-listing price of $0.35 on #Whales (as shown in the image below), the FDV is $350 million, and the circulating market cap is only $75.25 million. Compared to a legitimate #AI project, this is not too expensive. The initial selling pressure mainly comes from community activities and airdrops, around 3% to 5%, which is relatively healthy. It would not be too late to take action after the selling pressure ends!

Additionally, the project has performed well in offline promotions in the Korean market, receiving a good response, and Korean funds may enter the market. With Binance Alpha, HODLer, and Booster all participating, the community has already been activated, and the atmosphere has been set. As a heavyweight project in the #AI track listed on Binance tonight, I will actively position myself for this rare opportunity! 🧐

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