So I estimated Momentum's FDV
Comparing established players like Aerodrome with recent standouts like Blackhole and Etherex
Momentum's FDV is estimated at:
Approx. $2.5B based on TGE
Approx. $1.4B based on ATH
Approx. $1.1B based on current TVL
Of course, ve3,3 typically starts with a small initial supply and market cap, using high APRs to incentivize locking, and its structure generally pushes prices up until the flywheel's momentum breaks.
However, Momentum is taking the exact opposite approach:
- Securing funding
- Implementing a long-term pre-farming period
- Then proceeding to the public sale
However, the SUI Foundation and multiple investors are providing substantial backing,
and since Momentum has already secured a dominant position in the DEX sector on SUI,
it remains to be seen what results the top-down approach will yield.
Of course, the fact that the public sale is on Buidlpad makes it even more noteworthy.
Please avoid falling into the trap of averages; just consider it a possibility.
Momentum Expected FDV
Comparing existing strong players like Aerodrome with recent rising stars like Blackhole and Etherex.
The FDV of Momentum is expected to be:
- About $2.5B based on TGE
- About $1.4B based on ATH
- About $1.1B based on current standards.
Of course, ve3,3 typically starts with a small amount and market cap, inducing lock-up with high APR, and raises prices until the flywheel's momentum breaks.
However, Momentum is going in exactly the opposite direction:
- Receiving investments
- Long-term pre-farming
- Public sale
Nonetheless, with the SUI Foundation and various investors backing it strongly,
it has already secured an advantage in the DEX sector on SUI,
so it will be interesting to see what results the top-down approach will yield.
Of course, the public sale being called Buidlpad adds to the intrigue.
Don't fall into the trap of averages; just consider that it could be a possibility.
Pagu Squad is not in 4th place
Let's be together!
Momentum Pagu Squad
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