Backpack TGE tomorrow. I've been trading it on @Polymarket over the past few weeks.My average entry into "no" at $500M USD FDV was around $0.40 USD. Currently up 3–4x, but I've taken profits along the way.Given the current bearish environment for TGEs, this was an easy "short".However, I'm closing all positions going into TGE day tomorrow, as FDV can always be manipulated in the first 24 hours after launch (see Moonbirds) ...

UNI vs. HYPE: fee parity, but HYPE 10x more valuableHYPE is currently valued at the same level as UNI was back in 2021, i.e. ~$40B FDVIn 2021, many thought that UNI could continue to scale with a small teamToday, Uniswap Labs employs 200+ ppl according to LinkedIn https://t.co/tVvbnXYzyf ...

The post-TGE $SEA chart isn't a priority for the team.During a bull run they could launch at a much higher valuation than now. 2-3x easy.Even if the chart bleeds after, the team still exits higher than if they launched today and price went up.- Launch now at $500M FDV. Price goes up 50%. That's $750M.- Launch in a bull at $1.5B FDV. Price drops 40%. That's $900M.Ignas | DeFi (@DefiIgnas):Opensea delaying TGE is a mistake.At least that's what previous TGE data tells:75% of tokens launching under $100M FDV we ...

Polymarket has Opensea FDV currently at around $500M USD ...

Pump Fun is now making $1B in annualized feesAnd it’s trading at $2B FDV https://t.co/an1jKw5D55 ...

Okay, always important to read the rules on Polymarket.This market will resolve to "no" if MegaETH doesn't TGE before June 30th, 2026.Important context.Studying the rules on Polymarket markets can also be a good way to make money.A few days ago I saw a market for an election in my home country and was surprised by the result, before I learned that if there is the same number of seats, the market will be settled in alphabetical order.Read the fine printwale.moca 🐳 (@waleswoosh):New option added to the @Polym ...

Understanding @flyingtulip_ new raise model;TLDR;Market Cap: $2kFDV: $175mVolume: $33.5m2 weeks in (and brutal markets) and yet the token looks boring (by design). Volume is tiny (by design).Comparative projects that raised and TGE'd in the same time-frame are on average significantly down, and the reasoning is simple, bad markets cause people to exit/liquidate what they can, repay loans, and often move to cash in hand vs risk on strategies. If during these markets your only choice is "sell the token" that' ...

The time between ICO and TGE is arguably an even more important variable than FDV or vesting.If the gap is too large or if there are repeated delays, FDV and vesting terms can become irrelevant because the project loses all traction.SOMO, REDACTED, there are many examples where the ideal TGE window was simply missed.In essence, the period between ICO and TGE is a leveraged bet on...a) ...how overall market sentiment evolves.b) ...whether the team can sustain (or ideally grow) momentum during that time.Perso ...

I spent a lot of time thinking about Flying Tulip FDV, this is a problem we had during the original pitches as well.Normal raises are simple, there will be X amount of tokens, so X * price.FT raise doesn't technically raise against the token, it raises against an American (exercise-anytime) put option with no expiry. So this then led me down the rabbit hole of how would you price that?So then instead, I tried to price perpetual American put options against similar apps; Aave, Ethena, Uniswap, Hyperliquid, e ...

Infinex's INX token is trading at $170M FDV ($34M market cap) in its first day post-launch https://t.co/jLM1aKQnUI ...