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Liquidity has been inconsistent, investor attention is scattered, and most launches are being evaluated almost instantly through the lens of fully diluted valuation rather than long-term fundamentals. Prediction markets reflect this cautious optimism. Polymarket currently assigns a 70% probability that $ZAMA will launch above a $400 million FDV, but only around a 40% chance of pushing beyond $500 million. In other words, expectations are elevated, yet there is no sense of unchecked euphoria. Traders are watching closely, but they are …
— ORIGINAL POST ·
The Confidentiality Trade Starts Now
· r/altcoin
· Feb 2, 2026