NEW
Solayer Community Sale Postponed by Three Days | Flash News Detail | Blockchain.News
Latest Update
1/13/2025 9:07:34 AM

Solayer Community Sale Postponed by Three Days

Solayer Community Sale Postponed by Three Days

According to @EmberCN, Solayer's community sale has been postponed by three days to start at 6 PM on the 16th due to registration numbers exceeding expectations by 15 times and anti-bot measures.

Source

Analysis

According to @EmberCN, Solayer's community sale, originally scheduled earlier, has been postponed by three days. This sale is now set to commence at 6 PM on the 16th. The postponement is primarily due to registration numbers far exceeding expectations, reportedly by 15 times. In addition to this overwhelming interest, there have been concerns about bot accounts, prompting Solayer to implement anti-bot measures to ensure fair participation for genuine users. This measure is beneficial for regular users as it increases their chances of securing allocations by preventing bots from dominating the sale.

This community sale involves 30 million $LAYER tokens being offered at a price of $0.35 each, aiming to raise $10.5 million. Consequently, the fully diluted valuation (FDV) of Solayer is pegged at $350 million. Market participants should note that such a valuation sets a high benchmark, reflecting significant confidence in the project's potential. Investors should consider the implications of this valuation in terms of future price movements and market cap growth. The delay provides potential buyers additional time to prepare and analyze the market conditions prior to the sale.

From a trading perspective, the postponement could create a temporary liquidity impact as traders adjust their strategies to accommodate the new timeline. Monitoring trading volumes and market depth in the lead-up to the sale will be crucial. Buyers might observe changes in the $LAYER token's pre-sale market activity, which could influence post-sale price action. As the sale approaches, traders should look for any announcements regarding participation limits or further security measures, as these could affect demand and supply dynamics. Additionally, keeping an eye on other related token sales and their market responses might provide insights into potential price trends across similar projects.

余烬

@EmberCN

Analyst about On-chain Analysis