This afternoon at four o'clock, the ESP (coffee) contract went live. Seeing the contract price, it was only a little over 0.08 dollars, and it keeps dropping, I instantly lost my calm! Originally expected to get at least 70 dollars from 'Da Mao', but now I feel like I might be on the receiving end?!

Seeing this price, last night in order to keep some points to participate in today's new share, I gave up on the COAI airdrop, and I guess there will be a thousand grass mud horses running through my mind. Because at this price, ESP might not even reach 28 U. Seeking the area of my psychological shadow?!

Let's do some calculations:

ESP raised a total of 53.85 million pieces, at the current pre-market price of about 0.082 dollars, the new share price is about 0.069 dollars. Similarly, based on 50,000 people participating in the new share.

New project profit = (0.082-0.069)*5385/5=14U.

There is only a profit of 14U, and I need to stake 3 BNB, consuming 15 points. What on earth is this?! If the spot price drops a bit more, I will be counter-squeezed!

ESP will have a new project tonight ⏰ 20:00-22:00. If the number of participants exceeds ten thousand, I will not participate because with ten thousand participants, there will only be a profit of 70U.

What does everyone think?

If there are more than ten thousand people, just forget it! Let's post articles in Binance Square instead; it feels much more profitable and has no risk.

The Binance Square #vanar metaverse project has ten days left for creator activities. I am still nearly 10 days late to participate. During this time, I have been posting two articles a day to catch up, and I am now ranked 150. For another project, Plasma, I was also a dozen days later than others, but through continuous effort in posting articles, I am now ranked 40. However, @Vanarchain this project only rewards the top 100 participants with $VANRY tokens, which is more competitive than Plasma.

The main weight is the article, with a maximum of 100 points for each article. If I can produce 2-3 hit articles, there is hope to enter the top 100.

There are still 10 days left, and all participants still have hope. During this time, the alpha squeezing feels really hard, and calculating the profits feels like I've been counter-squeezed. You can check out Binance Square.