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Launch
CandyDrop
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RaveDAO completed a quite impressive token launch today. The TGE opening valuation was about 180M, reaching 370M in just 6 hours—demonstrating strong market enthusiasm. There are several noteworthy aspects of this achievement: first, there was no significant selling pressure from VCs, which is a very positive signal for the newly issued token ecosystem. From the lineup of exchanges supporting it, major platforms such as Binance Alpha, Kraken, Bitget, MEXC, and Gate all supported it immediately, ensuring ample liquidity. Overall, this was a very smooth launch—there is room for valuation growth, the ecosystem engagement is good, and there is still significant development potential moving forward.
It only took a few hours to go from 180 to 370, the market is really hungry.
However, a smooth start like this... the real test is how it will develop later. Don't end up becoming that kind of situation again.
Let's try contract interactions; with sufficient liquidity, at least it won't get trapped.