Not optimistic about QUID tonight Wasn't planning to participate in the public sale initially Didn't think such a high public sale allocation could go live on Alpha In the end, saw the oversubscription ratio was high and decided to play around with it Initial circulation: 14.3% - Public sale: 5% (TGE fully unlocked) - Ecosystem: 7% (Alpha's 1% is included here) - Foundation: 2.3% (this portion hasn't moved on-chain yet) Clear 6% sell pressure After Alpha got cut twice by AEON and GRVT, liquidity will only get worse Public sale cost: $45M Aspecta pre-market: $63M, TGE settles four hours later Polymarket predicts a 70% chance FDV exceeds $50M within a day At an average price of $60M, 6% of the tokens require $3.6M to absorb Hard to imagine if there's enough liquidity to absorb it right now Plus, it's tough to clear out so many tokens at once, leading to significant sell pressure later If the price gets pushed up, more people will dump Trading starts at 9 PM tonight The project is currently only listed on Bitget and Kraken 0x1a44233fae8d50f1aeb3a5d58dd426ff4814cb53