Everyone who bet on altcoins this year lost… even the big players.
Imagine investing $1 million in a project before its launch, and now you're left with only $6,000.
This chart compares the valuation of projects before their listing to their current market capitalization.
🟢Green: Last valuation at which venture capital firms entered
🔵Blue: Current market capitalization
The worst example is $BMT. Investors entered at a valuation of $1 billion, and today the project is valued at only $6 million.
That's a loss of -99.4%!
$BMT
{spot}(BMTUSDT)
$FARM
{spot}(FARMUSDT)
$BIFI
{spot}(BIFIUSDT)