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BTC has surged to 93,000, and the overall market sentiment has indeed changed. The most intuitive feeling is that new projects are emerging again in the SOL ecosystem, and the market is starting to turn green. The other day, a leading exchange just listed spot $Brev, which looks quite interesting. I previously predicted a rebound in the market in January, and it now seems to be coming true.
I looked at Brev's token distribution structure, with an initial circulating supply of 25% and a selling pressure around 5.5%. The pre-trading price was 0.45, which corresponds to a market cap of about 110 million, and a FDV of 450 million. The pool depth is only at 0.4. The listing schedule is also carefully planned: Alpha event at 8:00, community airdrop at 9:00, and HODL airdrop at 10:00. The liquidity release rhythm shows some strategic planning.
From a fundamental perspective, Brev has a noteworthy background, and its FDV level isn't high. The only concern is the relatively large initial sell pressure. However, considering that a major exchange hasn't listed spot tokens for so long, and this is the first spot product of 2026, the overall performance shouldn't be too bad.
As the market warms up, a batch of TGE projects will definitely follow. For example, the RollX project, which was supposed to have its TGE last month but was delayed until now, has made a pretty smart move. I feel like it should be their turn this month, and early participants can look forward to it.