SpiderDao recently completed its Sale on Polkstarter platform, and listed in uniswap, Sale @0.032$ ( approx.) Listing price Around 0.1$, Now ATM it's trading @0.049$, it's still 1.5X. and MAHA Dao returns were 4X+
trading at less than 50% of listing price DURING a bull rally for Bitcoin and Defi does not sound very hopeful at all,,, but anyway this is the case seemingly for most other defi projects trying to get beyond listing price.
Makes me wonder,,, maybe bonding curve sales are a good idea after all?