Good thread on $SPEC. Many are asking this: real float is 4.6M tokens @ $10 = $46M market cap.
I know every dopamine chasor and volatility addict is on the Solana trenches aping AI memes, and that's fine!
But with the current Burj Khalifas and obvious grifts being launched, it's also fine to have a good chunk of money on legit AI projects. I think that this massive volatility of illiquid AI-claimed pump fun tokens is going to bring allocators to legit AI ecosystems that have been building for a while and have strong backers.
Spectral is not your average grift. They are ex-Coinbase (there's not that many AI projects in CB, and there's high chances SPEC is listed - see ABT lol), raised $30M from top-tier VCs, and have been shipping non-stop with Syntax V2 and now with The InferChain testnet in Q4 2024 (with mainnet planned for early 2025).
Tokenomics
10M supply
5M are under team's control for Airdrop Szn 2
0.4M were unclaimed from Airdrop Szn 1
Total circ supply = 4.6M
--> As they launch the InferChain for AI inferences onchain, I believe they will incentivize activity with this upcoming airdrop, thus bringing attention and value.
And there is no extra unlock until May 2025. At that time, it increases quite a bit and it will be good to reconsider. Airdrop Szn 2 is unlikely to happen until InferChain mainnet which will happen around the unlock.
Therefore, you effectively have a future AI inference blockchain, backed by ex-Coinbase team and $30M of VC money, trading at $100M market cap with a real float of $45M, and Bybit perps and high chances of Coinbase listing.
This should be trading much higher soon.

From X
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