✅ Is $0.4 for $TREE an opportunity? #KOL
Currently, the $TREE token of Treehouse has been listed on all exchanges, including Coinbase and Binance, on the first day of TGE, but perhaps due to not being able to access domestic exchanges, the price has been somewhat sluggish.
After raising $18M in a seed round with participation from well-known VCs like Yzi Labs and Jump, the last SAFT funding round was conducted with a valuation of $400M.
An FDV of $400M translates to a price of $0.4 per token, which is similar to the current market price. Buying tokens at the current price could be an opportunity to invest under the same conditions as figures like Guy, the CEO of Ethena, and Darius from QCP Capital, who participated in that round.
In my personal opinion, considering the flashy VCs and the fact that it is already listed on all overseas exchanges, it might not be a bad bet :)
#TREE #KOL
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