The VC investing isn't the same as it was
Tokens are launching with a market cap of more than $1B right now.
And that's the reason for their drastic fall.
$ZRO
Initial valuation: $3B
FD Market cap rn: $2.86B
$JUP
FDV: $5.5B
FD Market cap rn: $7.84B
$ZK
FDV: $1.25B
FD Market cap rn: $3.78B
$SEI
FDV: $800M
FD Market cap rn: $3.61B
๐๐ฆ๐ต'๐ด ๐ญ๐ฐ๐ฐ๐ฌ ๐ข๐ต ๐ฉ๐ฐ๐ธ ๐ช๐ต ๐๐๐!
$RNDR
FDV: $133M
FD Market cap rn: $4B
$ONDO
FDV: $78M
FD Market cap rn: $12,15B
$SOL
FDV: $127M
FD Market cap rn: $78B
$INJ
FDV: $40M
FD Market cap rn: $2B
As you can see, VC could x50 their money.
But now they barely get x2-x3.
Plus, most of their tokens are still locked...
Why should we care?
Projects already launch with the market cap of $1B
And making x100 is way harder right now.
Even if it happens, the token will become the 4th on the planet.
Which is an unlikely scenario.
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