@dreamhacker
We thought big funding = big pump.
The reality: Big funding = Big dump.
Here is the performance of the Top VC Backed chains:
1. Starknet ($STRK)
💰 Raised: $282M
📅 TGE: Feb 20, 2024
🔹 TGE Price: ~$2.40
🚀 ATH Price: $2.67
📉 Current Price: $0.12 💀
📊 Performance: -95% from ATH
2. ZkSync ($ZK)
💰 Raised: $458M
📅 TGE: June 17, 2024
🔹 TGE Price: ~$0.22
🚀 ATH Price: $0.29
📉 Current Price: $0.035 💀
📊 Performance: -88% from ATH
3. Wormhole ($W)
💰 Raised: $225M
📅 TGE: April 3, 2024
🔹 TGE Price: ~$1.35
🚀 ATH Price: $1.61
📉 Current Price: $0.04 💀
📊 Performance: -97% from ATH
4. Aleo ($ALEO)
💰 Raised: $298M
📅 TGE: Sept 18, 2024
🔹 TGE Price: ~$3.50
🚀 ATH Price: $6.70
📉 Current Price: $0.15 💀
📊 Performance: -97% from ATH
5. LayerZero ($ZRO)
💰 Raised: $263M
📅 TGE: June 20, 2024
🔹 TGE Price: ~$4.10
🚀 ATH Price: $5.53
📉 Current Price: $1.34
📊 Performance: -75% from ATH
6. Arbitrum ($ARB)
💰 Raised: $120M
📅 TGE: March 23, 2023
🔹 TGE Price: ~$1.35
🚀 ATH Price: $2.40
📉 Current Price: $0.20 💀
📊 Performance: -91% from ATH
7. Worldcoin ($WLD)
💰 Raised: $240M
📅 TGE: July 24, 2023
🔹 TGE Price: ~$2.20
🚀 ATH Price: $11.82
📉 Current Price: $0.55 💀
📊 Performance: -95% from ATH
8. Ethena ($ENA)
💰 Raised: $156M (Total rounds)
📅 TGE: April 2, 2024
🔹 TGE Price: ~$0.60
🚀 ATH Price: $1.52
📉 Current Price: $0.24
📊 Performance: -84% from ATH
9. Aptos ($APT)
💰 Raised: $350M
📅 TGE: Oct 19, 2022
🔹 TGE Price: ~$8.50
🚀 ATH Price: $19.90
📉 Current Price: $1.85
📊 Performance: -90% from ATH
10. Sui ($SUI)
💰 Raised: $336M
📅 TGE: May 3, 2023
🔹 TGE Price: ~$1.30
🚀 ATH Price: $3.30 (Nov 2024)
📉 Current Price: $1.38
📊 Performance: -58% from ATH (The only survivor relative to others)
Total Raised: ~$2 Billion
Total Wealth Destroyed: Billions.
Lesson: The higher the funding, the harder the VCs need to dump on you to break even
They sold you The Tech.
...You bought The Exit Liquidity.
If you held any of these from TGE, you are not an investor... you are a Philanthropist.
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