You remember Theoriq, one of the first ICOs on the Kaito launchpad? They raised $3M at a $75M FDV and ended up 26x oversubscribed, with over $78M in commitments (more than the actual FDV). Most people didn’t even know what the project was about. They just aped in because the Kaito launchpad was hyped at that time and the ICO offered a 100% unlock for investors. It then took them 4 months to do the TGE for $THQ, which opened only slightly above the ICO price and has been bleeding ever since, now almost -50% below ICO price just 4 days after TGE lol. Stop aping into every shitty project just because you like the tokenomics. Start investing in fundamentals and in projects you actually believe in. The days of easy ICO flips and quick money are over, and that’s a good thing.

This happened to almost all of the launches from InfoFi tbh, and agreed that we need to return to fundamentals

99% token charts look like this at TGE