That's quite interesting. I'm not sure if I'm too optimistic or if the market is too pessimistic.
I feel like Predict's token launch will definitely have a 100 million FDV floor, but the market only sees a 72% probability of it reaching 100 million 😂 Can't Based FDV reach 100 million? Last year they earned 10m in fees, they're one of the top channels in terms of hype, and they raised 11m from Pantera. It's mostly Korean retail investors doing ground marketing on the platform betting against the fees. The market only sees a 30% consensus reaching 100 million... Bear market, it's really brutal. Timing decides everything. These projects launch their tokens during bull markets and casually achieve 500 million FDV as a baseline.
That's quite interesting. I'm not sure if I'm too optimistic or if the market is too pessimistic.
I feel like Predict's token launch will definitely have a 100 million FDV floor, but the market only sees a 72% probability of it reaching 100 million 😂
Can't Based FDV reach 100 million? Last year they earned 10m in fees, they're one of the top channels in terms of hype, and they raised 11m from Pantera. It's mostly Korean retail investors doing ground marketing on the platform betting against the fees. The market only sees a 30% consensus reaching 100 million...
Bear market, it's really brutal.
Timing decides everything. These projects launch their tokens during bull markets and casually achieve 500 million FDV as a baseline.