The project will be directly listed on Binance spot, and will be listed earlier on Upbit. Binance Alpha trading time is 18:00, Binance spot trading time is 20:00; Upbit trading time is 21:00. Institutional financing is 9 million, the project's popularity is average, it belongs to the AI infrastructure sector. Below we will conduct a detailed analysis of $MIRA (Mira):

I. Investment Research Conclusion (Quick Summary)

Project Summary: AI Infrastructure Sector, High Homogeneity, Pre-Opening Grand Slam, Indian Project

Simple Introduction:

Mira is a decentralized AI infrastructure specifically tailored for AI-native applications. It adopts a unique economic model where the final usage fees of AI resources (including models, data, and computing) are settled through a cryptographic track.

Valuation Analysis: Total token supply 1 billion, circulating supply 19.12%, selling pressure 7% (Binance ALPHA 2%, Binance Holder 2%, community airdrop 3%)

1) Seed Round: 9 million, allocated 14% tokens, cost 0.065U, investment institutions are average

2) Reference Indian projects such as open, zkc after listing on spot

3) Pre-opening price 1.2, pool price 0.5

4) Node sales 850,000, average cost 0.03 USD

Comprehensive Valuation Estimate: Institutional cost 0.065u, recent market trend has declined, according to VC cost twice, reasonable around 0.12u

Comprehensive Evaluation [Bearish]: The AI sector is highly homogenized, and it's an Indian project. The pre-opening price is very high, and being listed on Upbit in advance has already consumed expectations. Referring to the performance of open, zkc after listing on spot (both are Indian projects), the recent overall market trend is not good, and sentiment has declined. VC has gained a large multiple, if it opens too high, it is expected to be a sell-off. Upbit lists spot one hour later than Binance, and there is promotion on KBW. Before listing on Upbit, it is bearish, beware of Mira similar to 0G, which may surge on Korean exchanges.

II. Comprehensive View of Other KOLs: 5 people were surveyed, 4 are bearish, 1 is neutral

1) ElevenEleve [Bearish]

@EleveResearch:

Good projects with 2% alpha are rare; the community airdrop remains unresolved, which is very uncomfortable; it has already reached 1.2 billion FDV, the project and the institutional holdings are quite Android-like, depends on the market maker's level.

2) Jun Ge [Bearish]

@LiFeng61532

Community airdrop 6%  filter out the insider trading, retail airdrop 4%

Adding Binance Alpha 1.5%

Approximately the selling pressure is also around 6%

Pre-opening FDV 800 million, which is relatively high, benefiting from heavy marketing, mouth-rubbing, and widespread promotions

This Mira directly goes to spot, pre-opening is bearish

3) Tutu [Bearish]

@0xtututu：

The founder is Indian, most Indian projects have poor reputation, but occasionally there are some with great reputation. Mira currently has high popularity, and is actively promoting in South Korea, expecting to list on Upbit
If the announcement before opening lists on Upbit, it might cause FOMO and surge, but if it's too high, I won't buy. If you get the airdrop, sell before Upbit lists, if it lists on Upbit, keep it on-chain to see if there's any premium
However, the overall market is not good, yesterday's hot project $XPL didn't have any premium on Upbit, so the South Korean buyers might also find it hard to take. If the project team doesn't aggressively pull like $0G, the farmers won't spontaneously rush in.

4) Fenglin.eth [Bearish]

@Akirapunk99

Mira has mouth-rubbing activities, full of marketing, I tend to give it a medium or higher rating, there may be a crash just before the opening, if you don't sell immediately, it's not recommended to rush to sell, wait for the price to stabilize before selling, if it shows a gradual decline, it's not recommended to go long, this type of project is hard to judge the multiple, but it's not recommended to hold long-term

5) U.mi [Neutral]

@crypto_umi888$Mira and @0G_labs have collaborated, strong alliance, token economics is more long-term incentives, small selling pressure
$XPL also invested in this one  the community is very FOMO, expects to list on UPBIT (the official website has a dedicated Korean community)
Downside aspects: FDV is inflated; airdrop query hasn't been released yet, not sure about the timing of the selling pressure; Mira has just moved from testnet to mainnet, practical application hasn't been fully verified yet

Risk Warning: The above content is based on network information analysis and compilation, for project research and discussion only, not to be used as investment advice.

Author: Sakura, ChainThink

Reviewer: Evan, ChainThink