Let's review yesterday's Grand Slam $2Z and see if it can still work?

From an institutional perspective, Tier-1 VCs like Dragonfly, Multicoin Capital, and Delphi Ventures invested $28 million at a valuation of $400 million, which translates to a 16x return. If we consider the potential for secondary financing or exits after the TGE, the IRR of this round of investment could be even higher, but we need to account for lock-up periods and market fluctuations.

2Z can be considered a hot project in the DePIN track, focusing on a global decentralized fiber optic network, with former Solana Labs executives participating. Relatively speaking, the team's experience and resources are sufficient.

The project is positioned for B2B, which means it is aimed at institutions, emphasizing practicality in this aspect. From a regulatory perspective, it also has advantages, as the SEC has recognized it as a utility token, not a governance or inflation reward.

After the token TGE yesterday and before the listing on major exchanges, retail investors basically had no chance to get in. The selling pressure from airdrops was effectively absorbed, leading to an independent upward trend. After going on spot, profit-taking began, and now it is in a consolidation phase. The second stage contracts are difficult to trade, and it is predicted that after a battle between bulls and bears, there will be a spike to ATH. The risk-reward ratio in the short term is not favorable.