UNDER THE RADAR?
Lately, phrases like āhidden gem,ā āno-shill project,ā or the classic ālow-cap, no-hype 100xā have basically become code for āsome broke protocol that might never even list.ā The reality is thereās barely any real buy pressure left projects avoid spending on MM, airdrop buybacks, or proper marketing, while valuations and raises are inflated, and now people actually notice. The number of new launches is 100x higher than a few years ago, so even with a clean-looking team, a project can still rug in endless creative ways if theyāve raised enough. And no oneās surprised anymore.
The question is: why would a broke, no-shill project on Hyper/Base/Sui/etc. reward you at all? For every @WalrusProtocol with a decent raise, there are 50+ worthless clones ā most wonāt raise another round, some wonāt even launch. Kresko had a small loyal testnet user base, spent years building⦠and still shut down. Plenty of teams ghosted on @Starknet . @EclipseFND , @SuccinctLabs .. same story.
Then thereās the āfarm meta,ā where no-name projects expect you to farm liquidity with $2K user bases but $50M TVL. Add smart contract risk and linear point dilution, and itās a ādream scenarioā only in sarcasm. The truth is most so-called āunder-the-radarā gems are recognized only in hindsight. Even @HyperliquidX ā 99.9% either did everything blindly and got lucky, or followed some giga cope thread. The āaha momentā comes only after launch.
In todayās market of greedy valuations and fake scarcity, your only shot at catching a real under-the-radar play is by literally doing everything or trusting someoneās very loud conviction. Otherwise, itās all just noise. DYORā¦
I just call it like I see it .
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A new era of compliant ICOs is here
Today, @krakenfx joins forces with @legiondotcc
This partnership scales Legionās reach Ć100 ā to 15M+ Kraken users
Hereās why it matters š§µ
The craziest stablecoin imbalance Iāve ever seen š
$USDai caps are maxed. Curve pools are broken.
Demand is only heating up. $USDai = 1.04 $USDC!
Hereās how to farm Allo points WITHOUT holding $USDai š§µ
I donāt even dare to guess the project and its valuation at this point ā and the thought of how many participants and the presubscription numbers could be is even scarier..
šØ Thereās a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.
The malicious payload works by silently swapping crypto addresses on the fly to steal funds.
If you use a hardware wallet, pay attention to every transaction before signing and you're safe.
If you donāt use a hardware wallet, refrain from making any on-chain transactions for now.
Itās still unclear whether the attacker is also stealing seeds from software wallets directly at this stage.
Excellent report here: https://t.co/5CtiZJHYsN
$250M ICO or just exit liquidity?
I sat down to research @Everlyn_ai (yes, the one backed by Mysten Labs / SUI fund).
The deeper I went ā the weirder it got.
Valuation: $250M pre-TGE
GitHub? Last real update: 1 year ago. They only touched the ReadMe 6 months back.
Roadmap: literally TGE Q1 2025 ā¦and nothing else. No product goals. No milestones. No vision.
Link: https://t.co/zDfmjWGZms
Translation: raise ā launch token ā cash out ā fade.
They hype an AI text-to-video agent⦠but on their own website it doesnāt even work.
I even generated a ārevolutionaryā video in 10 minutes to show how laughably low the bar is.
My take:
This looks less like a $250M project and more like a speedrun to liquidity.
And yet, in this market, people will ape in anyway.
Donāt just trust big VCs on the cap table.
Do your own digging most of the time the red flags arenāt even hidden.
Everlyn x Kaito Launchpad
@Everlyn_ai - an artificial intelligence model for video processing on a decentralized layer 1 (L1) using AI.
They raised $15M at a $250M valuation. Investors include Mysten Labs, MH Ventures. Most interestingly, it was announced just a couple of days ago.
Terms
ā«ļøTotal raise - $2M (2% of supply).
ā«ļøValuation - $250M FDV.
ā«ļøTGE - happening this month, 100% unlocked at TGE.
ā«ļøContribution limits - $100 - $250k.
ā«ļøContribution deadline - from September 4 to September 8.
Additional allocation
50% bonus:
ā¢Subscribe to any plan: Starter ($9.99), Standard ($34.99), or Pro ($94.99)
ā¢Post a video created with Everlyn on Twitter and tag
@Everlyn_ai
by September 8, 2025, 2:00 UTC
ā¢Connect your wallet on Everlyn (must be the same wallet as on Kaito for verification) by September 8, 2025, 2:00 UTC
25% bonus:
ā¢Subscribe to any plan: Starter ($9.99), Standard ($34.99), or Pro ($94.99)
ā¢Connect your wallet on Everlyn (must be the same wallet as on Kaito) by September 8, 2025, 2:00 UTC
P.S. Looks interesting given that the creators of Sui, Mysten Labs, invested. But in fact, apart from revealing their influence in Sui itself, there werenāt many other cases. If the valuation were 3ā4x lower, it would look really tasty. With a 50% bonus, itās better, but still questionable, since thereās always the risk they wonāt honor it. As for the product itself, itās hard to evaluate right now. Still thinking.