In 2024, the ten most significant launches of crypto tokens amassed over $1 billion. Although this amount and the average per offering are large and very respectable, even by pre-2022 Bitcoin and Ethereum standards, they do not, in and of themselves, tell us anything about these tokens’ futures or the investors’ amounts of happiness in the future with regard to these tokens. When those future events do occur, they will speak much more loudly, and much more clearly, than the fundraising figures in what’s sure to be a very confusing future. With a number of large unlock events on the
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