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Jerry Han
@jerryhan
Movement has raised $100 million with a valuation of $3 billion and a current market capitalization of $400 million. Berachain has raised $142 million with a valuation of $1.5 billion and a current market capitalization of $200 million. Babylon has raised $70 million with a valuation of $800 million and a current market capitalization of $100 million. EigenLayer has raised $160 million with a valuation of $1 billion and a current market capitalization of $300 million. Two questions: 1. Did the institutions really invest so much money and use these valuations? 2. Are these high valuations set up for retail investors to take over the market? There won't be a "sham coin season" anymore. It's a pity.
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