The launch of the GUNZ project on Binance has concluded, offering higher-than-expected staking returns. Let's review the results and market performance.
About GUNZ Project and Its Launch on Binance
The GUNZ project, announced on the Binance platform as the 66th Launchpool project, concluded its staking period and was listed on the spot market. Initially expected to yield $1.78 for every $1000 FDUSD, actual figures showed yields around $2.2 for the same investment.
GUNZ Staking Yields
GUNZ staking delivered higher-than-expected yields. Initially estimated to earn $1.78 per $1000 FDUSD, actual operations saw earnings rise to $2.2.
Market Performance of GUNZ
Upon launch, GUNZ faced high volatility, reaching a peak of $0.145. Currently, the price has stabilized around $0.1. The project drew criticism for releasing only 600 million tokens out of a possible 10 billion. The total market value is approximately $60 million, with a fully diluted market valuation of around $980 million.
The GUNZ project launched on Binance showcased significant staking yields and attracted considerable market attention despite criticism concerning token distribution.