Got dragged into @legiondotcc by a friend! To be honest, with the crazy hype last night and the first-round funding exceeding $120 million, I wasn’t planning to join the frenzy. Feels like everyone’s grinding too hard—big opportunities are always reserved for the few. Although it’s true that we’re in a VC coin trend lately, and Binance did set a good example, $120 million allocated to just $5 million is even more brutal than me farming trading volume. Kraken @krakenfx’s event this time probably has over half of the participants from China, right? Honestly, no one out-hustles Chinese people in this world! Seeing everyone pre-depositing thousands or tens of thousands of USDT, I prefer to go against the grain. My prediction? The allocation might not depend on how much you pre-deposit—smaller amounts might actually have a better chance of approval. One last note: yesterday’s FF launch hit its peak immediately. The hype around VC coins is likely nearing its limit because the concentration of funds in the crypto space is just too obvious. For the whales, the more concentrated the funds, the better the timing for a harvest. For future projects launching with tens of billions in funding, be cautious. Don’t join the hype and end up buying at the peak. Be extra careful with every project moving forward.