When a major launchpad added Almanak to its lineup, it raised some eyebrows—myself included. The project didn't seem like the typical fit for such a prominent platform.

And frankly, the numbers backed up my skepticism.

The ICO priced Almanak at $0.09 per token, translating to a 90M FDV. Reasonable on paper. But here's where it gets ugly: within 30 seconds of hitting the exchange, the valuation cratered from 190M to 50M.

That's not a correction. That's a bloodbath.

When tokens hemorrhage 75% of their paper value in half a minute, it tells you everything about the disconnect between hype and fundamentals. Sometimes your gut feeling about a project proves right, and the market data confirms it almost instantly.