This year, several single-letter projects have performed well on BSC, and recently a project that has already been listed on Binance Alpha was discovered. @Hi_PoPPOfficial is one of the few single-letter projects that has raised $10 million.

First, let's look at the chip structure of $P:

• The top 10 holders control over 80% of the chips, and there have been no transfer records for many days.

• Currently, only 14% of the supply is in circulation, and apart from the 1% airdrop from Binance Alpha, there is almost no selling pressure.

• There is a unlocking mechanism on the 15th of each month, with 5% being unlocked in batches over the first four months.

The core of this design is not simply about controlling the market, but rather about controlling the pace of circulation, artificially creating scarcity while giving the project enough time to prove its value.

Now, let's take a look at the project data.

B-side data:

Over 300 project collaborations, with more than 120 paid participants.

2-4 new paid projects are added each week.

This indicates that the growth on the demand side is continuous and stable.

C-side data:

Over 20,000 paid users, with a 7% payment rate, which is quite good compared to the average payment rate of less than 3% for Web3 projects.

The first unlocking for $P will occur on the 15th of this month, and there may be new developments before then, making it worth paying attention to.

DYOR $P

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