After weeks of celebrating, that big-name token is still sitting 30% underwater from its ICO price and down 70% from peak levels—all this despite pulling in over $1 billion in fundraising. Pretty wild gap between the hype and what's actually happening in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After weeks of celebrating, that big-name token is still sitting 30% underwater from its ICO price and down 70% from peak levels—all this despite pulling in over $1 billion in fundraising. Pretty wild gap between the hype and what's actually happening in the market.