Lookonchain
Lookonchain

@lookonchain

11 Tweets 4 reads Nov 04, 2022
The price of $BAND has risen from $1.12 to $3.46 in the past 2 days, an increase of more than 200%.
We did an analyze on $BAND, including:
- Token Economics
- Spot & Futures Volume
- Top Holders & SmartMoneys
1.
Here is a thread.🧵
2.
Band Protocol is a decentralized cross-chain data oracle platform.
$BAND is used in 3 ways:
- Bond tokens to become validators
- Delegate tokens to another validator to earn a portion of the collected fees and inflationary rewards
- Participate in the chain’s governance
3.
Token Distribution
- Seed Sale Investors: 10M $BAND(10.00%)
- Private Sale: 5M $BAND(5.00%)
- Public Sale: 12.37M $BAND(12.37%)
- Ecosystem: 25.63M $BAND(25.63%)
- Team: 20M $BAND(20%)
- Advisors: 5M $BAND(5.00%)
- Foundation: 22M $BAND(22.00%)
4.
Token Supply
Total Supply: 100M $BAND
Circulating Supply: 41,591,943 $BAND(41.59%)
And here is the token release schedule.
5.
$BAND Holding Cost of Investors
Band Protocol conducted a total of 3 token sales.👇
Seed / Private / Public Sale
6.
According to data from @CoinMarketCap, the 24-hour trading volume of $BAND spot is about $1.2B.
The 24-hour trading volume of futures is $5.3B, which is 4.4 times that of spot.
7.
According to data from @coinglass_com , the total $BAND futures open interest is 57M $BAND($168M).
The 24-hour liquidation of $BAND is $7.44M, $2.19M for Longs and $5.26M for Shorts.
8.
Here is the top 50 holders of $BAND.
They hold a total of 97.42M $BAND($315.65M), accounting for 97.42% of the total supply.
In the past 7 days, they accumulated a total of 318,041 $BAND ($1M).
9.
Exchenges hold a total of 8.96M $BAND ($29M), accounting for 8.96% of the total supply and 21.53% of the circulating supply.
In the past 7 days, a total of 638,674 $BAND ($2M) flowed from exchanges.
10.
SmartMoney Address: 0x355dacd76030c641efc443fce7f54159c900a089
This address is a smart buyer.
He always buys $BAND at low prices and hasn't sold yet.
He bought a total of 49,177 $BAND($155,890) at an average price of $1.34.
Follow him to see if he sells or buys again.
11.
Like and retweet this thread.
Hope this thread can help you long/short $BAND, please follow @lookonchain and join our telegram group.
t.me
We will send you alerts from smartmoneys in our group.

Loading suggestions...