I don't know what to even say. Unlocked fdv is 1bn$. For a protocol with ~$150mn AUM. When you can get KMNO with 3.5bn$ at half that price tag. Just because it also has a wallet that can connect with passkeys and lets you do barely a small part of what Jupiter mobile already does. I don't know what to even say 💀
Can I launch a protocol and deposit 150mn$ in it to launch at a 1bn$ FDV? Seems like an obvious play to make a lot of money.
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