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ZenChain has officially launched TGE, and many people are already preparing for authorization in advance. This project is still worth paying attention to — after all, it has raised $8.5 million, and the DWF leading investment team is also impressive.
Let's first look at the project's fundamentals: introducing smart contracts and cross-chain liquidity solutions for Bitcoin, with a total supply of 21 billion and a circulating supply of 5.57 billion (26.54%). The TGE release amount is 210 million, accounting for only 1% of the total supply. The fundraising stage raised 548.97 BNB at a valuation of $5 million, and the market generally expects a 10~20x increase at opening, with the opening price possibly between 0.00235~0.0047 USD.
The specific time for TGE is today from 16:00 to 18:00, with only a 2-hour window. If you want to participate, it is recommended to set up authorization now — many people are already in line. Setting up sniping scripts or quick transfer plans is still very necessary to avoid missing out.
Authorization is actually very simple: find the corresponding smart contract address, select the authorization function, and set a sufficient limit for the exchange wallet, so you can place orders quickly when the market opens. Don't wait until TGE starts to scramble at the last minute, as the network is often congested then.
Interested friends can start preparing now, as small tokens like this often have good volatility opportunities on TGE day.