In the past two weeks, the ITO market for domain projects has been crazy, with 2 to 3 new tokens launching every day. The opening FDV generally ranges from $300 to $800, and the binding curve graduates within half an hour. It sounds like an opportunity, but what’s the reality? The foreign markets get hammered right after launch, and arbitrage opportunities are exploited by robot teams, leaving retail investors with no chance to profit.

Here's a common trap—low FDV seems safe, but in reality, the risks are just as high. Instead of rushing in for a bargain, it’s better to wait for the project to retrace about 80% before bottom-fishing. Although it may feel uncomfortable psychologically, the safety margin can be significantly increased.

So why is tonight’s new project special? The key lies in the initial FDV pricing—$15,000, which is 20 to 50 times higher than the recent average opening level. In other words, the project team has changed their strategy and raised the threshold. This difference is worth pondering.