Bought some $MILK, the logic is as follows:
1. Narrative: A liquid staking and re-staking protocol primarily built for the Celestia ($TIA) modular blockchain ecosystem, integrating $INIT and other modular networks like #Babylon;
2. Binance, Polygon, HackVC, and others led a $6 million investment;
3. Current FDV is $120 million, MC is $13 million, with a very low circulating market cap, severely undervalued;
4. TVL is $160 million >>>> FDV >> MC;
5. Not yet listed on Binance contracts, spot trading, or Korean exchanges.
$MILK @milky_way_zone
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