This is true
Nowadays, most of the projects are launching at a minimum FDV of $1-2B, based purely on expectations and without any real revenue
Which makes it hard to return to a time when ROI in crypto was attractive [ICO]
Even small projects are launching at an FDV of $100M-$200M just to take advantage of the ICO/IEO hype.
Recently, $MYX did a 300–2000x, but we can clearly see the manipulation behind it.
What's your view?

$MON launched at a $2.6 BILLION FDV
Now read this slowly:
$BNB launched at $30M FDV
$ETH launched at $22.39M FDV
$SOL launched at $110M FDV
Today?
BNB is 4,400Ă— up
ETH is 15,400Ă— up
SOL is 657Ă— up
You know why those gains were possible?
Because their launch valuations weren’t delusional.
Now compare MONAD’s launch FDV to theirs:
SOLANA → 23.64× higher
ETHEREUM → 86.67× higher
BNB → 116.14× higher
At this point… what are we even doing?
We’re launching chains at valuations the legends only reached AFTER proving themselves over YEARS of building, grinding, and shipping real value.
These new projects just want the endgame valuation on Day 1.
We ask:
“Why aren’t we seeing 100×, 500×, 1,000× runs anymore?”
Simple:
We priced the upside out of the system before the market even had a chance.
So let me ask again and I want you to feel this:
Are we cooked?
Or are we finally ready to admit that our launch models are broken?

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