Ignas: There are currently less than 20 high-quality tokens, and we look forward to Polymarket launching TGE

Odaily Planet Daily News DeFi researcher Ignas published an article on the

Ignas added that after further consideration of valuation, token unlocking and income sustainability, the available bids will be further reduced; although some tokens look attractive, the ratio of market value to fully diluted valuation (MC/FDV) is not ideal, so it is necessary to bet that demand growth exceeds the supply growth brought about by token unlocking, which makes some tokens more suitable for trading rather than long-term holding.

Ignas believes that for most tokens, investors are still trading narratives and market sentiment, and need to trust the project team to deliver on their promises. With the recent disbandment of multiple DAOs, the so-called “decentralized” accountability mechanism is also insufficient.