🚨 $GWEI just listed on Binance Alpha - but should you ape in?

I analyzed ETHGas with on-chain data

❌ ZERO Smart Money activity

⚠️ 49% insider allocation

✅ $12M from Polychain

Here's my full breakdown 🧵👇

1/ WHAT IS ETHGas?

A protocol making Ethereum execution predictable:

⚡️ 12 sec → 3ms confirmation times

📊 $800M blockspace futures market

🆓 Gas sponsorship for users

Partners: EigenLayer, Ether.fi, Pendle

Vitalik mentioned gas futures in Dec 2025 👀

2/ TEAM & FUNDING

💰 $12M seed round (Dec 2025)

Backers:

• Polychain Capital (tier-1)

• BlueYard Capital

• Stake Capital

• Amber Group

Team: Kevin Lepsoe (CEO), Rosanna Man (CTO)

Score: 7.5/10 - Solid VC backing ✅

3/ TOKENOMICS ⚠️

Total Supply: 10B $GWEI

Allocation:

• Ecosystem: 31%

• Investors: 27%

• Team: 22%

• Community: 10%

RED FLAG: 49% to insiders

Airdrop locked 30 days in staking

Score: 6/10 - Watch for unlock pressure

4/ ON-CHAIN FLOW

Current price: ~$0.016

🔴 NO Smart Money activity

🔴 NO Whale accumulation

🔴 NO Fund positions

Only retail trading $2k-$20k orders

Score: 5/10 - Major red flag 🚩

5/ VERDICT: NEUTRAL-CAUTIOUS ⚠️

✅ Innovative use case

✅ Tier-1 VCs

✅ Binance exposure

❌ Zero smart money signals

❌ High insider allocation

❌ No price discovery yet

WAIT 24-48h before entering

6/ My strategy:

🔴 No FOMO buy today

🟡 Watch for smart money entry

🟢 Small position after stabilization

NFA.What's your take on $GWEI? 👇

#gwei #ETHgas #OnChainAnalysis