Some time ago, Jenny Jun's star project Brother Shi @Stake_Stone $STO, which has been concerned for a long time, was finally launched on TGE, Binance Alpha for the first time, and then on Binance contract trading, but unfortunately the timing was not quite right - it was launched on the day when Trump raised tariffs, and as a former king-level project, it was hard to open a low FDV that "shocked the world and cried ghosts".
I remember that @Stake_Stone raised a total of 2200W US dollars, and the last round of valuation was 150 million US dollars, but the FDV was only 114 million US dollars and the circulating market value was only 23 million US dollars.
Congratulations to @stake_stone today for the official announcement of Animoca investment. As the number one player in the cultural IP+Web3 track, Animoca has incubated/invested in top Web3.0 projects such as sandbox, opensea, and Decentraland, and is also the driving force behind many IP games such as Doraemon and Maruko. This is the first time to make a move on the DeFi track, and he has directly bet on StakeStone, which shows its potential.
With strong fundamentals, low valuation, and hard endorsement, even if the crypto market is as turbulent as it is today, it is worth paying attention to by users, depending on whether it can be listed on Binance spot in the future, and whether it will pull another wave of market capitalization.
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This tweet does not constitute any investment advice, DYOR
With @AnimocaVentures of @animocabrands investment, $STO is powering the liquidity layer for Web3 consumer economies.
From DeFi to IP, yield just got a creative upgrade.
We're bringing yield to your favorite web3 consumer digital flexes, accelerating our mission to bridge financial infrastructure with the creative economies of tomorrow.
$STO isn’t just liquid - it vibes.👀
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