You remember Theoriq, one of the first ICOs on the Kaito launchpad?



They raised $3M at a $75M FDV and ended up 26x oversubscribed, with over $78M in commitments (more than the actual FDV).

Most people didn’t even know what the project was about. They just aped in because the Kaito launchpad was hyped at that time and the ICO offered a 100% unlock for investors.

It then took them 4 months to do the TGE for $THQ, which opened only slightly above the ICO price and has been bleeding ever since, now almost -50% below ICO price just 4 days after TGE lol.

Stop aping into every shitty project just because you like the tokenomics. Start investing in fundamentals and in projects you actually believe in.

The days of easy ICO flips and quick money are over, and that’s a good thing.
THQ34.04%
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • 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)