@dyslexboy
Altcoin era ending. Funds overestimated their ability to dump on retail forever
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Tracked 118 TGE launches this year and compared today’s FDV vs opening:
• 84.7% (100/118) are below TGE valuation
• This means ~4 out of 5 launches are below their opening valuation
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https://x.com/ahboyash/status/2002363360327704834?s=46
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