Here's what Terry doesn't understand: If something is worth 0, it doesn't matter if you launch at a high or low fdv — It's still worth 0. Let's take Eclipse's future token as an example: - The token has no use case but making insiders rich; there's no retail demand for it. Terry is actively trying to convince liquid funds to bid his token at launch, but no one wants to bid. - Last time I checked, no exchange wanted to list Eclipse's token other than MEXC. - Insiders have already sold a significant chunk OTC. Funny, because he mentions OTC sales in his post. - Eclipse has been live for months with no signs of PMF. They have around 30M in TVL and it's steadily going down. - Most of the user activity is a game for airdrop farmers — they'll all be gone after the airdrop. In summary, Eclipse is not looking good here Go back to doing research at 1kx. Eclipse is going to 0 no matter what you do Fixed the logo for you