So.

Entangle is having a TGE (on the same day as the Magic Eden ETH Diamonds claim — confident!) that is seemingly highly anticipated. I've said the interoperability meta is up next after all the influencooors get done milking the AI Nvidia meta. Entangle's narrative is a part of that.

But I don't know that Entangle is all it's cracked up to be. There's no way for me to tell, and they've done some shady shit to boost asset valuations. The shit worked, but it was still shady.

I'm purposefully writing this article before TGE so you can check my predictions and see just how accurate my mind is (I called $UEFN right before a 100% rise yesterday).

>$1M TGE Launch on Bybit

Make no mistake — this is the most important aspect of the launch. Early investors have a chance to get in quickly, ROI, get out — essential for a project's momentum. Early investors often become important marketers for the project if they are made whole fast.

$NGL presales on whale.market put $NGL ≈ 50x before launch, but I'm not sure this team isn't doing some wash sales to set a tone before the token drops. The thing is, Bybit and Kucoin listings at TGE legitimize the project, so a little bit of hackery will not hurt the launch and will probably help it.

50x puts market cap at open at $44.25M and FDV at $2.25B. I expect a further rise in price there because the earliest investors don't get to trade when the token launches on 4 major CEXes — Bybit, Kucoin, MEXC, Gateio. "Pre-seed" investors who bought onchain don't get to trade Uniswap until 24-48 hours later.

So one thing we know is the team knows how to maintain token price. The huge difference between the float and FDV also means the exchanges themselves will be given a copious amount of $NGL with which to nuke early investors. There's tons of upside here for market makers, because liquidity will be tight. They can whipsaw the price in both directions quickly, but they do have incentive to keep the price relatively high to ensure they can get more money when DEX investors are allowed to trade.

The launch was sophisticated and connected. A good sign even if you're not on the inside. Why? Because all the team has to do is not scam, and you will make money as long as you understand the game (don't try to outtrade the exchanges at TGE).

Is Entangle Real?

Entangle is the kind of project non-tech people like me don't understand. I mean, I get what it does — provides a single place for crosschain liquidity — but I wouldn't know if the project has the ability to do what it says. 

I'm doing a version of the halo effect when it comes to the company's actual ability to aggregate liquidity. Because its token strategy was so well thought out, the actual tech should be as well. I could be completely wrong on this, which is why I'll be doing a half and half when my $NGL unlocks.

I don't like their shady marketing, but that may just be crypto realists understanding their stupid ass audience and giving them exactly what they want so they can raise.

Strategy

Getting involved in CEX wars is stupid in my opinion, so I'll be waiting for the trading to come to me. This is actually a great thing because I'll get to see if the project actually does the 50-100x it needs to do in order to be taken seriously.

My thinking is that Entangle has the ability to do what they say. However, the project has competition and I do remember L0 interops projects in the last bull that haven't performed since then. Same vibes.

When you're too broke to go to the crypto conventions and meet the teams, go with TA and common sense smart moves. You don't have to know everything in order to make money, but you do need to act smart on what you know.

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