Just minted a Morph Platinum SBT, marking my participation in the Morph chain's IEO, which has a valuation of 500M.
Previously, using my identity as a KOL in the blockchain gaming space, I managed to get a whitelist for Morph Black at a price of 0.2e. I casually placed an order at 0.75e, thinking that in such a bearish market, a threefold increase was unlikely. However, that very night, someone swept the order, and it surged all the way to 1.1e. Now, trying to buy back in is impossible.
With a 500M valuation for the IEO, it seems quite high in this bear market. Recently listed projects on Binance have market caps in the tens of millions of U, but after all, this is a public chain of the Bitget exchange, benchmarking against Binance's BNB Chain, and the future still looks promising.
Looking forward to the IEO!