$QUID Heads to Binance Alpha: Squid Router Price Prediction Hinges on Listing
The Squid Router price prediction has gained attention as Binance Alpha announced it will list $QUID on August 4. The project, which connects over 100 chains and 130 DEXs through a single app, has already routed over $6 billion in volume across 4 to 5 million transactions.
During the public sale, $QUID was priced at $0.045 per token, with 50 million tokens sold out of a fixed supply of 1 billion. The project has raised around $13.5 million across three rounds, including a seed round led by North Island Ventures and strategic rounds led by Polychain Capital.
The Token Generation Event (TGE) is expected to occur on August 4, with Binance Alpha being the first platform to list $QUID. The listing will provide immediate liquidity and visibility for the token, which is a crucial factor in its price prediction.
The bull case for $QUID relies on several factors, including its working product, modest FDV of $45 million, and clean TGE unlock. However, the project's crowded field and wider market mood around the TGE window also pose risks.