#CryptoCharts101 🚨 Counterproductive! The more capital raised = The more wasteful spending?

In the past, people used to rush to buy projects that raised over 100 million dollars from well-known funds like a16z, Sequoia, Pantera,...

But the data shows a completely opposite result when projects that deliver good ROI do not need to raise a lot of capital.

Investors should change their investment criteria: From "how much is raised?" to "is the investor making a profit or a loss?", "is it about to unlock?",... 👇

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