wildly inaccurate take on the mtncapital raise
this year, we saw two big ICO presales on solana; both are way down. - MTN ($3.4m fdv now, raised ~$5.5m at ~$6m) - PUMP ($3.6b fdv now, raised at $4b) lesson: stay away from presale ICOs; the capital gets extracted and sell pressure > buy pressure.
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