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Time Details
2025-02-07
12:17
MegaSkip DAO MegaETH Sale Metrics Suggest Caution

According to @bolsaverse, the MegaETH sale by MegaSkip DAO is surrounded by hype; however, an analysis of the metrics suggests caution. The NFT supply for sale is 10,000, each priced at 1 ETH, leading to a fully diluted valuation (FDV) at sale of 200,000 ETH, or approximately $600 million. The sale represents only 5% of the total tokens, which indicates a high valuation that may not be justified by the current market conditions. This analysis suggests potential investors should carefully consider the high FDV before participating in the sale.

Source
World Cup