Moonveil (MORE)

Social Signals

Social Signals On 2025-06-28

Bullish Signals:

• The $MORE token launched with day-one listings on six major centralized exchanges, including Binance Alpha, KuCoin, Gate.io, MEXC, Bitget, and BingX, providing global liquidity and accessibility.
• Moonveil has already onboarded 600,000+ users, shipped six games, sold 31,000 nodes raising approximately $11 million, and received a $2 million node purchase from Polygon, showcasing strong ecosystem traction.
• $MORE serves as a utility token for Moonveil's ecosystem, enabling use cases such as AI lore generation, in-game NFT minting and trading, community governance, and staking rewards, making it integral to the platform's functionality.
• Moonveil is backed by prominent investors such as Spartan, Animoca, HashKey, and Polygon Labs, indicating strong institutional support for the project.
• The $MORE airdrop was successfully executed, with 400 tokens distributed to eligible users, and the project has been integrated into Bitget's on-chain trading platform, enhancing its accessibility.

Bearish Signals:

• A significant portion of the $MORE airdrop recipients, approximately 63%, sold their tokens shortly after distribution, leading to concerns about long-term holder retention.
• The $MORE token's initial trading price experienced a sharp decline from $0.28 to around $0.03, raising questions about its market stability and investor confidence.
• Criticism has emerged regarding the utility of the $MORE airdrop, with some users expressing dissatisfaction over the low monetary value of the tokens received.
• Concerns have been raised about the sustainability of projects like $MORE on Binance Alpha, with some users suggesting that the platform's traffic is being exploited without delivering lasting value.

Social Signals On 2025-06-27

Bullish Signals:

• Gate.io has launched MORE perpetual contract trading with USDT settlement, supporting 1-20x leverage, alongside a promotional event offering blind box airdrops and rewards totaling 30,000 USDT and Alpha points for users trading MORE.
• Moonveil's native token $MORE is now listed on major exchanges including Binance Alpha, Gate.io, MEXC, KuCoin, Bitget, BingX, and LBank, expanding its accessibility and user base.
• Muse Node for $MORE went live on June 27, offering immediate unlock of 25% of node rewards (1,000 $MORE per node) and introducing a one-click delegation solution through its NaaS partner EaseflowHQ.
• Moonveil is hosting an airdrop event where 150 winners can claim between 5–500 USDT worth of $MORE tokens, with the deadline set for July 3, 23:59 (UTC+8).
• $MORE token has multiple use cases including fees for Moonveil's AI lore generation tool, minting and trading in-game NFTs, community governance, and staking rewards, showcasing its utility beyond governance.

Bearish Signals:

• Moonveil's token distribution has faced criticism for favoring meetup attendees over loyal contributors, with some users receiving far fewer tokens despite significant prior engagement and investment.
• The initial trading price of $MORE dropped significantly from $0.28 to $0.031, raising concerns about its valuation and market performance.
• A user expressed dissatisfaction with the MORE airdrop rewards on Binance Alpha, stating that the rewards were not worth the effort and led to a loss in value.
• Criticism has emerged regarding Moonveil's allocation of funds, with some users questioning the effectiveness of spending on airdrops rather than directly boosting the token's market performance.
• A social media post mocked the value of $MORE, suggesting that its name implies 'more' but its actual value is perceived as 'less,' reflecting negative sentiment.