According to @adriannewman21, recent crypto funding flows and ICO narratives are rewarding expectation-driven projects like Monad and MegaETH with multi-billion valuations despite limited shipped product, while delivery-focused Abstract has raised roughly 10+ million and continues building (source: @adriannewman21). According to @adriannewman21, this sets up a hype-versus-execution valuation gap that traders can price by benchmarking pre-ICO FDV against verifiable deliverables and traction to avoid overpaying for unproven roadmaps (source: @adriannewman21). According to @adriannewman21, actionable tactics include favoring execution-led ecosystems for relative value, tightening risk around hype ICOs at token generation and early unlocks, and prioritizing positions backed by measurable progress over expectations (source: @adriannewman21).