The ICO market is undergoing a severe test.



Almanak has just completed its Token Generation Event (TGE). They previously raised funds on a certain crowdfunding platform with a fully diluted valuation (FDV) of $90 million.

Result? Now the market valuation has dropped to $46 million—cut in half.

Old saying: everyone, watch your own wallet. In this market, everyone is watching your funds. Data doesn't lie, but timing can be deadly.
ALMANAK20.22%
View Original
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
HodlTheDoorvip
· 2h ago
Splitting things in half is too common, but I still have to reveal it—it's really outrageous.
View OriginalReply0
GmGnSleepervip
· 8h ago
Cut in half? That's just the beginning. The next Almanak is always just around the corner.
View OriginalReply0
FromMinerToFarmervip
· 12-12 20:16
Another case of being cut in half again, truly unbelievable.
View OriginalReply0
SerNgmivip
· 12-11 18:05
Cut in half? Bro, this is just the beginning...
View OriginalReply0
GasFeeVictimvip
· 12-11 17:53
Another case of a complete collapse, what else can I say... --- Crash immediately after TGE, I'm tired of this script. --- From 90 million to 46 million, damn, cutting it in half directly. --- I just want to ask, who the hell is still taking over this kind of thing. --- I believe in the wallet, but it’s impossible to defend against it. --- That’s why I stopped touching new coins long ago, they’re too shady. --- Timing kills, data doesn’t lie... but your return rate can’t fool anyone either.
View OriginalReply0
SilentAlphavip
· 12-11 17:50
Another story of bleeding the newbies, nothing new anymore.
View OriginalReply0
MemeCuratorvip
· 12-11 17:46
Another one? 90 million directly halved to 46 million, this deal is really ruthless.
View OriginalReply0
DuduBearvip
· 12-11 17:39
Obviously dead
View OriginalReply0
HappyTeacherLivip
· 12-11 17:38
This coin is trading sideways between 0.032 and 0.036, clearly waiting for people to buy in.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)