I couldn't wait to take a look at Twitter as soon as I got off the plane At present, MMT has been listed on BN's PERP and spot markets, and has also received UPBIT news. It is basically a grand slam. Here, let me briefly explain the chip analysis and circulation. I will also share my own thoughts on MM's opening logic, which can be used as a reference for everyone Momentum is launching new listings on Buidlpad and Binance Wallet, with a valuation of $250 million to $350 million (at a price of $0.25 to $0.35). The worst new listings in history are expected to double, with an estimated value of $500 million to $700 million. Binance's new valuation is $100 million (0.1), which is 8 times higher than the previous YB, estimated to be $800 million TGE circulation accounts for 20.4% of the total circulation, and stakeholders must lock their positions for at least 12 months. I checked myself and found that I have de NFT. According to theory, the first round of wave should be eligible to receive it, but the first round did not. This indicates that the project party has very tight control over the chips. At the opening, only BN alpha users hold the airdrops, and at the same time, various Grand Slam spot+PERPs are added. Although it seems to have 20% circulation, don't forget that COAI's circulation is also 20%, and COAI has pulled it nearly a hundred times As mentioned last time, it is not accurate to focus solely on circulation. What should be analyzed is the actual control ratio of the project side in the circulation market. According to the airdrop sentiment on Twitter, the majority of investors, new releases, and the fact that NFT holders' airdrops have not yet been distributed, I will not overly bearish on MMT in the early stage because the chips are concentrated enough, and it is very likely that a targeted explosion will be carried out against the short side of MMT, especially with the extreme sentiment on Twitter now. You must be careful when it comes to high control chips From a data perspective, Momentum TVL has surpassed 270M, with a cumulative transaction volume of over 2.6B and a user base of over 2 million. The cumulative protocol fees have exceeded 15M, and the annualized protocol fees have reached 45M. The VE model has high requirements for lock up, and in the long run, Momentum's strategic positioning for SUI is very clear. It is a top tier public chain ecosystem DEX, Often, you can eat 10% -20% of the parent chain's market value, so you can consider taking a look at Pancakswap, which accounts for about 8% of BSC's market value. Therefore, Momentum's potential and future expected stock index are at least around 3B