I want to understand how high everyone's expectations are for $LABUBU on the #ETH chain?
Currently, the #LABUBU IP has projects on three chains: the SOL chain has the highest market cap, reaching 60 million; the BSC chain is about 4 million; the ETH chain is about 700,000.
Although I prefer to play #memecoins on the ETH chain, projects with multi-chain layouts of the same IP have a very obvious first-mover advantage. Mainstream projects are usually the first to go live, and once a leading effect is formed, it is almost impossible for other chain replicas to surpass it.
Based on past market cap experience, the IP projects on the leading chain can reach tens of millions in market cap, while the same IP projects on other chains typically reach a maximum of millions, and the market cap of replicas is usually at least one tier lower than that of mainstream projects.
I suggest everyone not to have overly high expectations for such projects. Large funds and market makers usually only choose one chain and will not select other chains. Treat these projects as PVP games, and the idea of surpassing SOL chain $LABUBU is not very realistic.
