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A project just completed a major funding round on a leading exchange platform, raising $7M with a $350M fully diluted valuation. The sale saw massive demand, achieving a 40x oversubscription rate with over $280M in total deposits from participants.
Market sentiment appears bullish, with the project trading at 94% YES on prediction markets, implying a $300M+ valuation. The token generation event is scheduled for January 15th.
What stands out is the team's strategic choice of launch approach. Instead of opting for alternative promotional channels, they selected the traditional public sale route, which suggests confidence in organic demand and a preference for transparent, regulated fundraising mechanisms. This decision could signal their focus on building a sustainable community rather than relying on exclusive allocation programs.