2025-12-28 21:34:00

The valuation discrepancy at the TGE launch of Perpetual DEX is truly outrageous. Recently, a somewhat overlooked TGE project saw its FDV soar to 30 million within just a few days of launch, and its premarket performance had already largely reflected this valuation. But the situation with another project is completely different — the same TGE for a perpetual exchange, yet its valuation curve followed a completely different trajectory. This difference not only reflects market sentiment fluctuations but also involves liquidity assessment, trading volume expectations, and differing understandings of the project's prospects among various counterparties. Interestingly, premarket pricing efficiency is surprisingly accurate in some cases, but in others, it appears quite rough. This may warrant further investigation — what factors are driving such a huge valuation gap?

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Rekt_Recovery

· 2025-12-31 19:36

honestly premarket pricing is just vibes and who has bigger bags, not some efficient market theory lol. seen projects pump 10x post-tge while the "smart money" was sleeping. leverage ptsd aside, this valuation chaos is exactly why i stopped trusting my own thesis half the time

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MissedAirdropBro

· 2025-12-29 18:51

It's that kind of project that doubles in just a few days again and again. The pre-sale is already set, and they still play like this? What does it indicate? It shows that retail investors simply can't see through it; institutions are playing the information asymmetry game. How's that project doing? Anyway, it's all a gambling mentality.

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MonkeySeeMonkeyDo

· 2025-12-29 09:04

Looking at the data, the premarket pricing logic is really hit or miss sometimes, it all depends on who's pumping the market... It's truly a casino mentality, a FDV spike of 30 million indicates... it shows that no one cares about fundamentals, only the speed of the pump. Liquidity and trading pairs do have significant differences, but I think it mostly depends on who holds more chips and who has the say. These perpetual DEX valuation curves are just a joke, early participants make a killing, and later ones just buy the bag... it doesn't seem to have much research value. Premarket accuracy is just a coincidence; most of the time, it's just information asymmetry causing chaos, not much science involved.

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StrawberryIce

· 2025-12-28 22:04

Really, the valuation of perpetual DEXs this time is completely incomprehensible. Some projects hit 30 million FDV and that's it, while others just can't get off the ground. The difference is really astonishing. Pre-market pricing can sometimes be surprisingly accurate, and other times it’s a total failure. Who can make sense of this logic? It feels like a game between liquidity and trading volume. The level of discussion and attention is probably also very important.

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DegenDreamer

· 2025-12-28 21:56

The premarket pricing logic is really mystical; sometimes it's incredibly accurate, and other times it's completely off. Basically, it still depends on who is buying, how much they buy, and a bit of luck. 300 million FDV in a few days? This is just a game of hot potato, nothing new. Two perpetual projects' valuation trajectories are completely opposite? Liquidity probably eats up half of it. To put it simply, the market hasn't really figured out how much these things are worth; everyone is just guessing.

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WalletWhisperer

· 2025-12-28 21:51

This premarket has no real reference value at all, it's purely about who has more liquidity to win, everything else is nonsense. --- 30 million FDV is achieved in just a few days, indicating that the market simply isn't thinking that much, just following the trend. --- Why is there such a huge difference in valuation for the same perpetual DEX... feels like insiders are just harvesting the profits. --- The liquidity differences are so big, early entrants and later ones have unequal access to information, isn't this just a joke about fair launch? --- I just want to know how the premarket data is actually generated; it feels like it's all just the market makers setting the prices themselves. --- Such differences are normal, depending on how many whales are willing to buy, other logic is secondary. --- TGE is essentially gambling; data analysis is useless, relying on intuition and luck.

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MEVSandwichMaker

· 2025-12-28 21:51

Premarket stuff, to put it simply, is just about who has more information. Sometimes it's incredibly accurate, other times it's embarrassingly off. Why are these two projects so different? Could it be that one has whales dumping and the other has no attention? FDV of 30 million just skyrocketed? It shows that no one really cares about the fundamentals, just pure sentiment trading. Liquidity is the key here. Slight differences in order book depth can double the valuation. Differences in understanding among different trading counterparts... it's just the difference between someone bottom-fishing and someone taking the other side. Premarket pricing efficiency is really unreliable; it's better to wait until three days after TGE to judge. This gap actually depends on who has the money in hand. Who can hold on? If you want to study deeply, it's better to see who is throwing money behind the scenes. Perpetual DEX TGE is inherently easy to manipulate, so there's nothing surprising about that. It's just ridiculous, which only proves that market information asymmetry is seriously severe.

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Web3Educator

· 2025-12-28 21:46

ngl the premarket pricing thing is wild... sometimes it's eerily accurate, sometimes completely misses the mark. what's really going on under the hood tho?

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