$LMTS WORLD CUP NARRATIVE ON WATCH
@trylimitless is a prediction market project that could start getting more attention as the World Cup narrative heats up
$OPN has already moved strongly from this catalyst, and $LMTS is in the same sector but still looks relatively undervalued
Betting volume has been rising sharply recently
In the last 30D, $LMTS generated nearly $4.8M revenue, while current market cap is only around $13M
Even compared to its previous fundraising valuation, the current valuation still looks low
If the market starts chasing World Cup / prediction market narratives again, $LMTS could be one of the names worth watching closely
A token called $IRYS, an 8-month-old project, has recently shown some unusual activity. 👀
Despite dropping around 70% over the last 30 days, we noticed that Upbit accumulated roughly 400M tokens, representing around 20% of the total supply, during the same period.
The accumulation appears to have started about 4 weeks ago. Most of the tokens were transferred from hot wallets to cold wallets, and so far we haven’t seen any significant transfers back from cold wallets to hot wallets. As of yesterday, the total accumulated amount reached around 400M tokens.