Regarding the WET project, there are three stages: whitelist, staking, and public sale. The public sale reaches 12%, with the price set at 0.069. The prices during the whitelist and staking stages are definitely lower, estimated around 0.07. But there's a problem—looking at the funding structure, another 11% of the allocation's destination is unknown.

From a valuation perspective, this thing still has at least 50% downside potential. Besides the fact that it carries the reputation of the Solana ecosystem, the project's reserve funds don't seem to be sufficient, and the risk of a price drop cannot be ruled out. Honestly, how much money has the project actually raised? With such opaque information, who dares to hold a heavy position?