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Recently, I have been paying attention to the new issuance situations of several token projects and would like to discuss the market's capacity.
The SENT project's presale is scheduled for this week. The official plan is to sell 2% of the total tokens. Based on a total of 34.3 billion, this means approximately 686 million tokens will be released. The pre-market price is set at 0.032, corresponding to a market cap of about 21.95 million. With this figure in mind, can the market really absorb it? Many participants hope for a more favorable pricing, but the issue is that the contract has not yet been officially deployed, so it’s still unclear how much BNB will be needed to participate.
More notably, the Fogo project has already experienced a breakdown—its current price has fallen below the issuance price. This case reminds us that there is often a huge gap between seemingly good initial pricing and market expectations. Before participating in any new issuance, it’s best to calmly assess the actual market demand and liquidity conditions.