The market was fed up with all the high FDV (presale, angel, and VC) launches.

All projects went down only after the listing.

While many cash grabs will never bounce, the market also took down many solid projects with moderated FDVs.

In the coming months, when the market reverses, I expect many of the newer solid projects to run hard.

1. Find projects recently launched that you like and think have upside (pick the ones with a moderate FDV raise).

2. Wait for the steep downtrend to turn into more sideways price action.

3. Wait for the downtrend to break, a higher high in market structure, and a deviation/reclaim of a range low is a bonus.

Can you spot some?

I will drop a more extensive article, and maybe some examples I'm looking at later. 🔔

#Megadrop #altcoins #MicroStrategy #btc70k #altcycle