Recently, the Four.meme project achieved remarkable results in its initial fundraising for the Token $CDL. The project successfully raised approximately $194 million in cash and $58 million worth of $FORM Tokens, bringing the total fundraising scale to an astonishing $252 million.
This fundraising event has sparked a strong response in the market, with an investment limit of $4000 set for each participating address. This phenomenon highlights the characteristics of the current cryptocurrency market: while there is an abundance of hot money, investors generally exhibit a rational and cautious attitude.
It is worth noting that most of the participants in this fundraising are seasoned investors who have experienced market fluctuations. These investors are often referred to as "hard leeks"; they have accumulated rich experience in bull and bear markets and possess a profound understanding of the market.
The success of this fundraising also reflects an important characteristic of the current market: as long as high-certainty arbitrage opportunities or attractive projects emerge, these experienced investors will act swiftly. This phenomenon indicates that, although the overall market remains cautious, enthusiasm for quality projects and opportunities is still high.
The successful fundraising of Four.meme not only demonstrates the attractiveness of the project itself but also reflects the current activity in the Web3 market and the investment strategies of investors. With more and more innovative projects emerging, we can expect the Web3 field to continue to maintain its dynamic and opportunity-filled characteristics.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
MEVHunterBearish
· 09-03 11:04
Just onlookers.
View OriginalReply0
GhostWalletSleuth
· 09-03 09:22
Why did we miss the $4000 limit again?
View OriginalReply0
NftRegretMachine
· 08-31 11:51
Hard suckers are still suckers; who isn't a sucker after being played for suckers?
View OriginalReply0
BearMarketNoodler
· 08-31 11:39
Is this the premium? It's all for nothing.
View OriginalReply0
FalseProfitProphet
· 08-31 11:39
There are also those who are played people for suckers...
View OriginalReply0
LiquidityNinja
· 08-31 11:37
Follow the big brother to make a bet.
View OriginalReply0
Rekt_Recovery
· 08-31 11:36
been rekt so many times i'm basically immune now lmao... still aping tho
Recently, the Four.meme project achieved remarkable results in its initial fundraising for the Token $CDL. The project successfully raised approximately $194 million in cash and $58 million worth of $FORM Tokens, bringing the total fundraising scale to an astonishing $252 million.
This fundraising event has sparked a strong response in the market, with an investment limit of $4000 set for each participating address. This phenomenon highlights the characteristics of the current cryptocurrency market: while there is an abundance of hot money, investors generally exhibit a rational and cautious attitude.
It is worth noting that most of the participants in this fundraising are seasoned investors who have experienced market fluctuations. These investors are often referred to as "hard leeks"; they have accumulated rich experience in bull and bear markets and possess a profound understanding of the market.
The success of this fundraising also reflects an important characteristic of the current market: as long as high-certainty arbitrage opportunities or attractive projects emerge, these experienced investors will act swiftly. This phenomenon indicates that, although the overall market remains cautious, enthusiasm for quality projects and opportunities is still high.
The successful fundraising of Four.meme not only demonstrates the attractiveness of the project itself but also reflects the current activity in the Web3 market and the investment strategies of investors. With more and more innovative projects emerging, we can expect the Web3 field to continue to maintain its dynamic and opportunity-filled characteristics.