Good morning, happy Friday 🌞
Many projects announce that they received investments with high valuations in investment rounds and try to increase the token. But these do not reflect reality...
For example, MesonNetwork was saying that it received investments with a valuation of 1 billion before the listing, or that it received investments with a valuation of 250 million$ when the market cap of any token was $100 million. All of these are nothing but empty marketing efforts...
They either send money to their wallets from their subsidiaries and say that this is an investment, or they present the tokens they give free to market makers as if they were investments.
Unless the project itself deserves that value, it can declare that it received investment with an appreciation of 10 billion$ , that project is garbage. 🚮
