#数字资产市场观察 RLS is a project that was recently launched in the new coin zone of a leading exchange. Is it still possible to get on board now?
First, let's look at the fundamentals: this is a blockchain ecosystem compatible with EVM, which has received $25 million in funding. The total supply of tokens is 10 billion, but the circulating market value is only 1.5 billion — the meaning is very clear, most of the chips are still held by large holders, and the amount that retail investors can trade in the market is actually not much.
Interestingly, the project team is preparing to add a liquidity pool of 500,000, which, based on a price of 0.06U, corresponds to a circulating market value of about 45 million USD. To be honest, this pricing strategy is quite interesting, and there is indeed a lot of potential for future imagination.
However, the overall market trend is weak right now, which is not too friendly for new coins. New coins face selling pressure from market makers and airdrop users when they go live. The project team can completely take advantage of the situation to drive the price down, concentrating the chips at the bottom, which allows for more operational space for future rallies. If one day derivatives contracts are launched, there will be even more ways to play.
If you are interested in this type of new coin, it is recommended to observe the token economic model and on-chain data more. In the current market environment, it is not the best time to get on board; let's wait until the chips are more fully settled.
By the way, the trends of mainstream coins like ETH and SOL are also worth continuous attention, as the overall environment largely depends on their performance.
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AirdropHunterZhang
· 8h ago
A circulating market capitalization of only 1.5 billion? Large Investors are holding on tightly, this buying situation doesn't look good.
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MEVSupportGroup
· 8h ago
With so many chips concentrated, retail investors going in are just being played for suckers, I can't understand this operation.
View OriginalReply0
LiquidationKing
· 8h ago
The chips are still in the hands of Large Investors, and if retail investors go in, they are just dumb buyers.
#数字资产市场观察 RLS is a project that was recently launched in the new coin zone of a leading exchange. Is it still possible to get on board now?
First, let's look at the fundamentals: this is a blockchain ecosystem compatible with EVM, which has received $25 million in funding. The total supply of tokens is 10 billion, but the circulating market value is only 1.5 billion — the meaning is very clear, most of the chips are still held by large holders, and the amount that retail investors can trade in the market is actually not much.
Interestingly, the project team is preparing to add a liquidity pool of 500,000, which, based on a price of 0.06U, corresponds to a circulating market value of about 45 million USD. To be honest, this pricing strategy is quite interesting, and there is indeed a lot of potential for future imagination.
However, the overall market trend is weak right now, which is not too friendly for new coins. New coins face selling pressure from market makers and airdrop users when they go live. The project team can completely take advantage of the situation to drive the price down, concentrating the chips at the bottom, which allows for more operational space for future rallies. If one day derivatives contracts are launched, there will be even more ways to play.
If you are interested in this type of new coin, it is recommended to observe the token economic model and on-chain data more. In the current market environment, it is not the best time to get on board; let's wait until the chips are more fully settled.
By the way, the trends of mainstream coins like ETH and SOL are also worth continuous attention, as the overall environment largely depends on their performance.