Hello hivers!!
I wanna talk about Yellow Road today, this is a launchpad in Binance Smart Chain with a very low market cap ( U$ 1.8 million, with circulation supply of 1.388.548 tokens and a a total supply of 10 million tokens, only cost US$ 1.35 per token); The token contract is 0x1a3057027032a1af433f6f596cab15271e4d8196 (https://www.coingecko.com/en/coins/yellow-road)
Why i think this is a excellent opportunity and a hidden Gem? This token has reached a ATH of almost US$ 20 dollars in april this year, and since that the price dump to almost US$ 1 dollar. Almost every launchpad had dump since April, because of the dump of bitcoin and the fear of a bear market.
Its important to say that they keep launching projects almost every week, including some very good projects as 1millionNFT (NFT platform), and Roseon Finance (Defi);
For who doesnt know what is a launchpad, its a project that allow holders of this token to participate in new projects and buy this new tokens for a small price, before this project launch. We have seen a lot of projects doing 100x the value paid when the project launch and go to the market.
Today we have a lot of launchpads, but what, in my opinion, make the difference in the Yellowroad case?
1 - Binance Smart Chain - this launchpad operates with BSC, much cheaper and faster than Ethereum Chain. And with the growth of Binance Chain, we can expect to see a lot more new projects coming to this chain.
2 - Yellowroads partners - they have great and powerful partners, such as Blocksync Ventures, AU21 Capital, M6, GBV, Unifarm and a lot more.
To participate in the project you need to have at least 50 tokens, to go to the lottery, or be in the top 1000 holders to have a guaranteed alocation.
Thats all, I hope you enjoy this resume.
Cheers!
