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Comment by spaceman_2020

Look into SoRare’s volume. They raised over $500m. Volume is now lower than it was way back in 2020.

The crypto down rounds are going to be hilarious.

Note to investors: if you’re investing in crypto projects, carefully consider the ponzinomics and the vesting schedule. You want your unlocks to happen in the middle of the bullrun when exit liquidity is ample.

And also remember that whatever you might think of as “normal” volume will crash 90%. And when you think it has stabilized, it will crash 90% more.

The number of investors who bought the top is hilarious. But then, this is also a field where risk management is treated like a sin.

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