According to @LexSokolin, if Tempo launched today as a token plus DAT without any product deployed, the market would price it at $10–20 billion, setting an implied launch valuation range for this structure, source: @LexSokolin on Twitter, Sep 8, 2025. For traders evaluating pre-product token launches, this stated range can serve as a benchmark for sizing risk and expected valuation at listing, source: @LexSokolin on Twitter, Sep 8, 2025.