“i think that $2.5B is quite simply a reasonable valuation for a team of that caliber ($PUMP) as long as you can hold and wait and actually want to support”
now that it’s $3.5B (still cheap imo) i just want to add an extra point to the attached post
CT is basically a den of retards, they have no idea how anything is made or built and quite frankly can’t even begin to imagine
they don’t know how much work must’ve gone into a funding round of $1B+, first the private component, then the public component, it’s basically double the work
CT essentially didn’t see any of it but for a small team this kind of thing demands all of the focus of everyone. it’s no surprise they took the foot of the gas before and right after the ICO. behind the scenes this ICO must’ve been a huge effort
so you’d totally expect competitors to briefly gain ground during that period, then get completely blindsided when the team is out of fundraising mode and back to execution mode (but this time with infinite watchest)
good luck fading
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