The marketing bubble in crypto becomes crazier and crazier.

Projects now offering free allocation to KOLs, but at insane valuations. So you get tokens, but the initial valuation at which it’s offered to the public will NEVER be profitable for retail.

Last 4 free allocation proposals I received were all between $100M and $300M FDV.

Like what the hell? Previously similar projects offered the same but at $30M FDV.