Launchpool project GUNZ (GUN), which was recently announced by cryptocurrency exchange Binance, was listed on the Binance spot market after staking operations ended today.
GUNZ, the 66th Launchpool project, had a staking period of three years. We at Bitcoinsistemi.com had estimated that this Launchpool would yield $1.78 per $1,000 FDUSD staking transaction. However, data currently shows that according to unofficial records, this Launchpool yields around $2.2 per $1,000 FDUSD. In other words, GUNZ Launchpool yielded an above-average return.
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GUNZ faced high volatility immediately upon launch, hitting a high of $0.145. However, it is relatively stable around $0.1 at the time of writing.
The project, which has a total market value of around $60 million, was criticized for choosing to start with only 600 million tokens out of a maximum supply of 10 billion tokens. The project’s fully diluted total market value sits at around $980 million.
*This is not investment advice.