ACE token’s IEO, which was initially launched by OKX, has ignited a community frenzy and has now been taken over by Binance to sustain the hype. This IEO is expected to generate higher profits compared to previous ones, and if market sentiment remains bullish, ACE’s earnings may exceed market expectations.
Many people may not realize that the potential returns from Binance’s Launchpool are much higher than previous ones. There are two main reasons for this:
1) The market atmosphere is different, resulting in a higher circulating market value after the token is listed.
2) The mining duration is shorter, with previous pool projects lasting around 30 days, whereas this time it is only 5 days. Therefore, the daily mining quantity will be much higher.
Specifically, ACE has a circulating market value of 21.97 million tokens, and based on the current market conditions, the price can range between $8 and $20. In unfavorable market conditions, the circulating market value on the pool generally ranges from $60 million to $120 million. However, with the current favorable market conditions, the circulating market value may exceed $200 million.
The total mining quantity on the pool is 10.29 million tokens, with a distribution ratio of 4:1 for BNB and Fdusd. But due to the shorter duration of 5 days, the daily mining quantity of ACE is significantly higher, specifically 1.64 million tokens for BNB and 410,000 tokens for Fdusd.
In previous rounds, the amount of BNB invested was around 7 million, and stablecoins amounted to 800 million. However, this time, the investment is noticeably higher, with BNB already invested at 12 million and stablecoins at 900 million. Therefore, if we calculate based on the expected amounts of 14 million for BNB and 1 billion for stablecoins, the daily returns for BNB would be 0.5% and for Fdusd it would be 0.4%. The annualized returns for BNB would reach as high as 183% and for Fdusd it would reach 146%.
If the timing of the listing happens to coincide with a bullish BTC market and high market sentiment, it is possible to reach $20, resulting in an annualized return of 365% for BNB and 292% for Fdusd.
Project Introduction:
1) Fusionist is a gaming universe that includes collectible NFTs and three types of gameplay: Colonization (building simulation), Conquest (turn-based tactics), and Unity (exploration, expansion, exploitation, eradication). Players take on the role of mech commanders, manage their own planets, collect rare resources, upgrade technology, scan blueprints to manufacture mechs, and build production pipelines. They establish interstellar fleets for interstellar wars through PvP and PvE battles, and conquer galaxies. Fusionist has also developed Endurance, which provides social and infrastructure services such as NFT showcases and auctions.
2) The core team of Fusionist comes from Tencent and has extensive gaming experience. The team disclosed a funding of $6.6 million from Binance Labs over the past 22 years.
3) The total supply of ACE tokens is 147 million, with approximately 21.97 million (14.95%) in initial circulation. This includes 7% for Binance Launchpool, 1% for OKX Jumpstart, and other allocations for investors and incentive pools.
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Tags:
ACE
Binance
Fusionist
Launchpad