- PLSM-40Negative
Wu Blockchain (@WuBlockchain)
According to CryptoRank, the market capitalization of several well-known VCcoin projects launched this year is almost below their VC valuations. For example, Humanity Protocol, with a first-round valuation of $1 billion, now has a market cap of $285 million; Fuel Network, valued at $1 billion in the first round, now has a market cap of $11 million; Plasma, valued at $500 million in the first round, now has a market cap of $224 million; and Camp Network, valued at $400 million in the first round, now has a market cap of $15 million. https://twitter.com/i/web/status/2003732111782785276