The more I think about it, the more I'm going to punt a few K into the @monad sale.
The R/R seems decent and I believe that showing you can diamond hand @coinbase's first ICO on their platform likely makes you stand out when @base ultimately goes the ICO route,
The @monad tokenomics aren't great from an airdrop recipient perspective but lets not cry about free money.
I am more curious to explore how an ICO participant might fair
🟪 Public Round valuation 2.5B
🟪 Recent L1 comps at TGE: Plasma 2.4B; Berachain 1.4B
🟪 Polymarket odds predict a 5B valuation at launch which is mirrored by the premarket perp valuations
🟪 ICO participants are disincentivized to sell prior to 30 days post TGE
Given its similarities to Berachain (Alt-L1 EVM compatible chain) there is a small likelihood that ICO participants will be in great shape at the 30-day post TGE mark.
Note: Berachain airdropped 15% (mostly unlocked) and had a premarket valuation of 4B.
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