[2025 Crypto Wrapped] The Return of LaunchpadsAfter cycles dominated by low-float, high-FDV launches that trapped retail investors with poor liquidity, limited upside, and brutal post-unlock drawdowns, the market is recalibrating.2025 marked a clear shift away from pure luck-based IDOs towards curation, social reputation, and on-chain activities- offering more reasonable valuations and a far fairer mechanism for participants.These innovative launchpads powered some of the year’s standout launches — MegaETH ...