@ethlooter
𝗩𝗖𝘀 𝗮𝗿𝗲 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝗿𝘂𝗴𝗴𝗲𝗱 😱😱
After a long time, retail has some edge over big VCs.
Recently, most of the big projects have launched over $1B+ FDV(Fully Diluted Valuation) which is almost the same as their last VC round
Retailers can buy tokens like $ZRO, $W, $ZK at the same valuation as VCs with zero unlock.
𝑯𝒆𝒓𝒆 𝒂𝒓𝒆 𝒔𝒐𝒎𝒆 𝒆𝒙𝒂𝒎𝒑𝒍𝒆𝒔 👇
▫️ $ZRO
Raised at: $3b
Current valuation: $3.7b
▫️ $W
Raised at: $2.5b
Current valuation: $3.6b
▫️ $ZK
Raised at: $1.25b
Current valuation: $4b
The real question is, "Are these tokens undervalued or overvalued?"
If one looks at their DAU (Daily Active Users) and other metrics, most of the newly launched protocols are way overvalued.