2026-01-05 01:26:29

MUA's recent trend is indeed worth analyzing. The price has stabilized around $0.00272, and in the past 24 hours, it has slightly increased by 0.07% against the trend, reflecting some resilience.

From on-chain data, the number of addresses holding tokens exceeds 12,655, indicating a decent level of distribution. Interestingly, there are 59 LP providers, with the locked-in amount steadily growing, and the token distribution structure does not show obvious signs of centralization risk. From this perspective, it is at least not a highly centralized project.

The project's logic itself is quite clear — mainly focusing on ecosystem development, not rushing to raise funds on major exchanges, but instead emphasizing community consensus. This approach is relatively rare in the rapidly changing crypto market.

The current circulating market cap is only $960,000, with an average of 142 transactions per day. In terms of market size, it is still in a relatively early stage. Of course, this means both potential for growth and associated risks.

What do you think about MUA's future performance?

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
10
Repost
Share

Comment

0/400

ContractHunter

· 01-07 20:18

Early projects are mainly concerned about lacking consensus, but this wave of MUA has taken the right direction. However, a circulating market cap of 960,000 is honestly still too small, and even a slight breeze can cause fluctuations... 12,655 wallet addresses sound like a lot, but how many are actually active? Only 59 LPs, this number needs to keep growing, or else a run on the bank could be troublesome. Building the ecosystem slowly is fine, but the worry is that in the end, community consensus might just be so-so.

View OriginalReply0

DaoGovernanceOfficer

· 01-07 05:49

ngl the 12k+ holders data is actually interesting, but empirically speaking? that's still peanuts for real decentralization. show me the voting participation rates first

Reply0

FlashLoanLarry

· 01-06 12:23

nah the liquidity depth here is genuinely sus... 59 LP providers sounds decentralized until you actually check the capital utilization rates, know what i'm saying? seen this movie before tbh

Reply0

NFTArchaeologist

· 01-05 05:06

A market cap of 960,000 is quite interesting, but with only 142 transactions... is it real or fake? It's hard to say about early-stage projects. Hearing too much about community consensus, but the key is whether someone is willing to take over. Having 12,655 token holder addresses sounds good, but having too many retail investors might not necessarily be a good thing. Only 59 LPs is a bit thin; whether it can stay stable later depends on whether it can hold. I believe they are not running to raise funds, but maybe they just can't get the money... A 0.07% increase—what's the point? Such fluctuations seem like no increase at all. Let's wait and see; it doesn't feel like the decisive moment has arrived yet.

View OriginalReply0

Ser_This_Is_A_Casino

· 01-05 01:55

Early projects are most afraid of having no popularity. This looks okay, much more reliable than those projects that disappear after just one funding round. Wait, is the number of transactions a bit too low? Only 142 transactions a day? That's really cold. The community consensus explanation has been heard too many times. Most of the time, there's no follow-up. Ultimately, it depends on the actions that follow. Having 12,655 addresses scattered sounds good, but how many of them can actually hold? That's the real question.

View OriginalReply0

JustAnotherWallet

· 01-05 01:54

The distribution of chips is okay, but early small-cap coins all look quite "healthy" this way. The key is whether the community can truly settle down.

View OriginalReply0

MidnightTrader

· 01-05 01:54

Early projects are like this: dispersed chips are actually a good thing, no need to worry about being wiped out by the big players in one go.

View OriginalReply0

ProbablyNothing

· 01-05 01:54

12655 addresses seem like a lot, but the number of truly active wallets is probably not that many. This set of data is always quite impressive. Early projects are most afraid of community consensus collapsing, which could happen faster than centralized projects. 0.07% increase? I didn't even notice this market movement; maybe my eyesight isn't good. A market cap of 960,000 for ecosystem development sounds good, but I really want to know who the core team is—no one mentions this. 59 LP providers seem just okay; maybe we should look into the lock-up period issue a bit more.

View OriginalReply0

retroactive_airdrop

· 01-05 01:39

Early projects are all like this; let's wait until trading volume picks up.

View OriginalReply0

ConsensusDissenter

· 01-05 01:35

960,000 in circulating market cap, to be honest, this size is a bit too small, and the risk is extremely high.

View OriginalReply0