Lao Bai
Lao Bai|Jul 24, 2026 00:47
Oh wow, it’s actually oversubscribed—honestly, a bit unexpected… Yesterday morning, I checked and it was just over 50%, but this morning it’s fully funded and even oversubscribed. Looks like funds and sentiment in the crypto space are indeed coming back a bit. The RWA sector and @TownSquarexyz’s fundamentals are pretty solid too. Also, it’s probably related to Aspecta’s pre-TGE valuation for Town. Their pre-market FDV is $270M. Though pre-market liquidity is usually limited, and post-launch unlocks are hard to predict. Another key factor might be Coinbase. Historically, projects launched via Sonar have had a decent chance of landing on Coinbase. Considering Town’s institutional resources, USD1 partnerships, and positioning in the sector, I think Coinbase is still a possibility.
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