From an institutional perspective, ECHO @ EchoProtocol_ Recently, there have been many projects in the Move ecosystem, and there is a significant narrative here Recently, there have been many projects opening low and rising high, so additional markings will be made for projects without disclosed valuations Baby Bus Edition: 1. Stuck APT 70% BTC liquidity is a key ecological niche. If stuck, there will be market performance following the overall development of APT 2. Defilama can see that TVL of 600M is at a relatively high level in the current market, while FDV of only 60M has trading opportunities for repricing and balancing 3. Obvious income, including real revenue such as cross chain transaction fees, borrowing income, and profit sharing 4. In the near future, we will continue to promote the ve model. From the timeline perspective, there are expectations from the Korean Institute that if we look at the key ecological niche, there is an opportunity for the project to go on Binance Perp ———————————————————— The current leader of the APT ecosystem is almost monopolized by this coin, and 70% of the liquidity on the APT chain is provided by ECHO, which means it has stuck the ecological niche of the APT/Move ecosystem If we look at the Defi/Dex project, with a capital sink of 600M A reasonable pricing should be around 200M, where there is a clear arbitrage space. In the current market environment, 100M is expected to be sufficient Judging from the performance of high opening fundraising and extending to the second stage, the chip structure here is still worth paying attention to At present, the price is 0.06 and the chips are concentrated around 0.045 So this is also a relatively fair and clear stop loss position 🤔 Gradually build warehouses and find 15 minute level positions for dynamic profit taking