Crypto Market Shifts from Low Float, High FDV Strategy as Seen in ZRO and ONDO

The dynamics of Token Generation Events (TGEs) in the cryptocurrency market have shifted significantly in recent weeks. The previously popular strategy of low float and high Fully Diluted Valuation (FDV) is now being replaced. Venture capital leverage has decreased, with founders now concentrating on post-TGE performance and gaining market mindshare. This shift is seen as a move towards a more sustainable fair value model for the development of the crypto industry. The low float and high FDV approach, exemplified by projects like ZRO and ONDO, is increasingly viewed as unsustainable and akin to a cash grab.