Comparing the market cap of Metaverse projects shows you which ones are undervalued.
$MANA $9.2B
$AXS $8.2B
$SAND $6.1B
$ALICE $803M
$STARL $687M
$CEEK $585M
$WILD $494M
$RFOX $344M
And then you have:
$MLT $35M (Unique, working product)
$MINE $218K (MINEVERSE, IDO tomorrow)
@ricardogdias@GANFTverseBSC This is how most IDOs go.
1. Initial Listing pump
2. Listing dump 2-3 days: IDO participants take quick 5-10x profit
3. Price returns to reasonable marketcap (5-10m)
4. Multiples are now possible for new investors + IDO participants re-buy
> Recovery + pump as news comes out
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