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1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
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Details: https://www.gate.com/announcements/article/47889
Quick summary of the core parameters of this new coin issuance:
【Funding Details】
Maximum of 3 tokens per account, with a total target of approximately 8,000 (about $7.6 million). The official price is set at 0.011060, but the pre-market trading price has already soared to 0.027, representing a potential profit margin of 145%.
【Quota Forecast】
Since this round has lowered the threshold (only 3 tokens needed to participate), the inflow of funds is expected to far exceed the previous round. Last time, the project attracted participation from over 310,000 BNB, and this time the number will definitely go higher.
【Profit Estimation】
Assuming a 50x oversubscription (about 130,000 participants):
- Full account allocation can buy 56 tokens, with an expected profit of approximately $80.
Assuming a 100x oversubscription (260,000 participants, which is less likely):
- Full account allocation can buy only 28 tokens, with an expected profit of about $40.
【My Opinion】
The reason for such substantial profits this time is mainly because a major exchange set the issuance price very low, giving a strong push. Plus, the pre-market price of SENT has been driven so high that the arbitrage opportunity becomes very obvious.
If you don’t believe this project can sustain such a premium, early liquidation of SENT to lock in profits is also a viable strategy.