Exclusive Reveal: Bitcoin Halving Countdown & OMNI Project Launch! Discover Reasonable Entry Prices for Mining and Altcoin Investment Strategies!

World Chain Finance
2024-04-18 17:08:37
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OMNI will be listed on multiple exchanges tonight at 8 PM. At what price level should I buy in?

Author: Hyde

Editor: Helen

Shijian Niubi (niubite.com) shares, I wonder if everyone has such doubts? Before the trading of Binance Launchpad projects goes live, some big players have already estimated the token's launch price, which is often very close to the price after it goes live.

Since the price range of the token has already been estimated, combined with other factors, corresponding investment decisions can be made.

For example, if the launch price is significantly lower than the estimated price range, then buying in can be considered; if the launch price is significantly higher than the estimated price range, waiting for a pullback can be a strategy. This is essentially making money based on one's own understanding.

Are you envious of the big players for having such estimation abilities? Do you also want to possess this ability?

Actually, it's not difficult at all. As long as you can do simple addition, subtraction, multiplication, and division, you can figure it out. Today, I will teach you this magical ability.

1. How to Calculate Binance Launchpad Token Launch Price

Taking the Saga project as an example, I will show you the entire calculation process, and we will use BNB mining as an illustration.

First, find the project on the Binance Launchpad page and click on the BNB mining pool to see the detailed information about the Saga project mining, including the total amount of BNB mined, the total amount of BNB deposited, the number of participants, and the mining period.

For the Saga project:

The total amount of BNB mining rewards is 36 million SAGA;

Mining period: 4 days;

Total amount of BNB deposited: 18.05 million BNB.

This can be roughly understood as: a total of 18.05 million BNB was spent as capital cost, over a period of 4 days, resulting in a total of 36 million new SAGA coins mined.

With this mining data, along with the prices of BNB and SAGA tokens, we can calculate the annualized yield of SAGA mining, which is simply the total output divided by total cost.

Total Output (SAGA): Total number of SAGA mined x SAGA price

Assuming we take the price of SAGA one hour after it goes live on Binance at 5.68 USDT for calculation:

36,000,000 x 5.68 = 204,480,000 USDT

This is the total mining output, then we calculate the mining cost.

Total Mining Investment Cost: Total amount of BNB invested in mining x BNB price.

We take the price of BNB before mining started, so the cost of BNB invested in mining is:

18,056,945 x 577 = 10,418,857,265 USDT

Now that we have calculated both the mining cost and the mining output, we have a total cost of BNB worth 10.4 billion USDT and a time cost of 4 days, resulting in over 200 million USDT worth of SAGA mined.

With the investment and output, the mining yield can be easily calculated.

The mining yield is:

204,480,000 (output) ÷ 10,418,857,265 (investment) ≈ 1.96%.

The calculated yield of 1.96% is the total yield for 4 days of mining, which converts to an annualized yield of:

1.96% ÷ 4 x 365 ≈ 178.85%.

An annualized yield of 178.85% is already quite high.

Using the same method, we can calculate the annualized yields of the recently launched Binance Launchpad projects and then derive an average value.

We refer to the data from the last 12 periods compiled by Odaily.

(Image Source: ODaily)

It can be seen that the average absolute yield is 1.3%, with a maximum of 2% and a minimum of 0.5%.

The yields from previous Launchpad mining can serve as a reference for future Launchpad mining yields.

For example, for upcoming Launchpad projects, with the reference mining yield data available, we can backtrack to estimate the approximate launch price of the tokens.

Similarly, by referring to the minimum and maximum yield data from previous Launchpad projects, we can backtrack to estimate a price range for the tokens.

2. OMNI Token Launch Price Estimation

The latest Binance Launchpad project is OMNI, which ended at 8 AM this morning and will go live on multiple exchanges (Binance, Bitget, Huobi, etc.) at 8 PM tonight.

So, what is the estimated launch price of OMNI?

First, we find the OMNI mining data:

1) Total BNB mining rewards: 2,975,000 OMNI

2) Total amount of BNB deposited: 24,763,706.3987 BNB

3) Period: 4 days

With these known mining data, combined with the average yield from previous Launchpad projects and the BNB price on the day of mining, we can estimate the approximate price range for OMNI after it goes live.

4) The average yield from the last 12 Binance Launchpad projects is 1.3%

5) On the day mining started, the price of BNB was 582 USDT.

Therefore, to maintain an average yield of 1.3%, we can derive the approximate price of OMNI:

24,763,706.3987 * 582 * 1.3% / 2,975,000 = 62.97 USDT.

That is to say, the price of the OMNI token would be 62.97 USDT to achieve an average mining yield of 1.3%.

Due to factors such as the Middle East conflict, the delay in the Federal Reserve's interest rate cuts, and halving, the recent cryptocurrency market has been poor, with many altcoins plummeting by around 50%. Even the recent Binance Launchpad tokens have also seen a sharp decline, so everyone may lower their yield expectations for OMNI, and the yield for OMNI is likely to be below the average of 1.3%.

If we calculate based on a yield of 0.9%, then the corresponding price for OMNI would be:

24,763,706.3987 * 582 * 0.9% / 2,975,000 = 43.6 USDT.

Recently, the Aveo platform also launched OMNI on Prelaunch Marketcap, with the current price around 39 USDT (with relatively low trading volume).

The current price of OMNI on the over-the-counter trading platform Whale Market is around 35 USDT.

If we calculate based on the minimum yield of 0.5% from the last 12 periods of BNB mining, then the price of OMNI would be 24.22 USDT.

Of course, this is just an estimated price for OMNI based on the average yields from previous Binance Launchpad projects. The actual price of OMNI will certainly be influenced by many other factors, such as:

Omni Network is a Layer 1 blockchain;

Omni is in the hot track of interoperability protocols;

According to disclosures from the Rootdata platform, several core team members graduated from Harvard University;

Omni raised 18 million US dollars, with investments from Coinbase Ventures.

These are all positive factors for the OMNI project, which are conducive to driving up the price of the OMNI token.

However, the current cryptocurrency market conditions are likely to lower the expected price of OMNI, as many altcoins have been plummeting recently, market liquidity is poor, and market sentiment is quite low; for example, the Fear & Greed Index has dropped to 60. The launch of OMNI under such market conditions will certainly affect its price.

Therefore, considering the yields from previous Launchpad projects, over-the-counter prices, current cryptocurrency market conditions, and the track and investors of the OMNI project, the launch price range for OMNI is likely to fall between 30-60 USDT, and with a total token supply of 100 million and an initial circulation rate of 10.39%, the corresponding market cap would be between 300 million to 600 million USDT, which is relatively reasonable.

P.S. This article does not constitute any investment advice.

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