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Even investors do not want to sit in TIR-1 projects.
If you think that only you screw up on the market: you don't sell during drops, you buy and everything falls down at once, etc. I hasten to rejoice you, it is not so.
There are many stories on the market about how whales fail, hedge funds and investors go bankrupt. But now let's talk about a fresh example.
💰 Layer Zero investors who invested in ZROs in 2021 are ready to dump them at a 50% discount.
Since 2021, more than $50mn tokens have been sold at a price above $3bn FDV, which equates to $3 per token.
People have frozen money for 3 years, refused to sell at 0 on OTS until a month ago, and now are looking to unload at least at $1.5. No one wants to be locked into this project for three years. Investor unlocks will not start until a year from now and will last until 2027.
Invest, wait a few years to go negative instead of X, that's the truth of the market. 1 reply
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