@liucheaster
Over the next month, we’re probably looking at the last wave of token launches in this BTCFi cycle.
After Lombard launched, its price kept dropping — but even now its FDV has only just dipped below $1B, which is actually decent in a disaster-level sector like BTCFi.
When Merlin launched, every “cat-and-dog” BTC L2 rushed to release tokens and harvest liquidity.
Now with Lombard out, all the remaining cat-and-dog BTCFi projects will likely complete their token launches within the next month.
If a project still refuses to TGE at this timing, I can only call them a geek.
Not a technical geek — but a “extremely confident” geek.
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