Although the secondary market has been shaken up by the Trump market chaos, the enthusiasm for throwing money into the primary market hasn’t cooled down at all. Everyone’s saying ‘no, no,’ but their hands are being super honest—several Launchpads are all starting at around 10x. @megaeth_labs valuation hits $999M, raising over $410M; Buildpad @buidlpad’s Momentum @MMTFinance raised $49M due to allocation limits, oversubscribed by 11x; Even @zkPass, which nobody cared about back then, with an FDV of $100M, got oversubscribed by 26.5x. Wonder which project in this money-throwing frenzy will end up flipping over?