Movement raised 100 million, valuation 3 billion
Current market value 400 million
Berachain raised 142 million, valuation 1.5 billion
Current 200 million
Babylon raised 70 million, valuation 800 million
Current 100 million
EigenLayer raised 160 million, valuation 1 billion
Current 90 million
Two questions
1. Did institutions really invest this much money and use this valuation?
2. Is such a high valuation intended to attract retail investors to buy in?
The altcoin season is over, it's barren.
