Noticed quite a few bloggers talking about @TownSquarexyz, which is a cross-chain yield project backed by WLFI. It’s originally on the Monad chain and has a pretty good relationship with the Monad ecosystem. A couple of days ago, I saw the allocation wasn’t moving much. Looks like everyone waited until it was almost over to jump in. The 1M presale isn’t a lot, but the slow participation might mainly be because of Echo’s Sonar KYC threshold being pretty high, which blocked a lot of people. Plus, attention hasn’t fully shifted back to the crypto space yet. In this kind of market, it’s not recommended to go for locked positions with a long-term mindset. The valuation at TGE with full unlock is at 200M. For now, Aspecta’s pre-launch valuation is at 250M+, so there’s some profit margin. If you’re playing with small funds, you can hedge based on the oversubscription ratio.