A fishing app with 1 billion FDV? Are we serious right now?
Someone please explain the logic here. How does a fishing application justify a fully diluted valuation of one billion dollars? The market's gotten wild, but this takes it to another level.
Either I'm missing something massive about this project's utility, or we're witnessing another example of absurd valuations in this space. When did catching fish become worth more than some established DeFi protocols?
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OnChain_Detective
· 12-13 03:15
ngl this screams textbook rugpull setup... let me pull the wallet data real quick because something's *definitely* off here. pattern analysis suggests classic pump mechanics, statistically anomalous for a fishing app lmao
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liquidation_watcher
· 12-11 05:19
Fishing app valued at one billion, are we really crazy?
View OriginalReply0
FUD_Whisperer
· 12-11 00:51
LOL fishing app valued at one billion dollars? Is this a joke?
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ZKSherlock
· 12-11 00:50
actually... have we even examined the *trust assumptions* baked into this valuation model? because from where i'm sitting, the cryptographic primitives don't remotely justify a billion fdv for... fishing. like, what's the information theoretic security argument here? there isn't one. smh
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0xSleepDeprived
· 12-11 00:50
Nah, not a fishing app hitting 1B FDV is actually insane lol... Wait a moment, I need to check if I saw it wrong
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SatoshiLeftOnRead
· 12-11 00:48
ngl this is peak crypto stupid... fishing app hitting 1b? what timeline we living in fr
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SerumDegen
· 12-11 00:42
yo this is actual copium territory... fishing app hitting 1b fdv while real protocols bleeding out. either we're in the dumbest timeline or there's some whale psyop i'm not seeing on-chain yet
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MEVHunterNoLoss
· 12-11 00:35
Phishing software with 1 billion FDV? Bro, how many pills would that take?
A fishing app with 1 billion FDV? Are we serious right now?
Someone please explain the logic here. How does a fishing application justify a fully diluted valuation of one billion dollars? The market's gotten wild, but this takes it to another level.
Either I'm missing something massive about this project's utility, or we're witnessing another example of absurd valuations in this space. When did catching fish become worth more than some established DeFi protocols?