Solana
Solana
$FIG
-4.97%
“Tokenization may be the answer. Zero chance anyone in crypto would fail to use an auction to price something.”
Bill Gurley
Bill Gurley @bgurley · 
With $FIG we have another massive "POP" highlighting the gross inefficiency in the modern IPO process. It's very simple. They REFUSE to match supply/demand (that happened today). They brag about the mis-match - "30X oversubscribed." The outcome is expected & fully intentional.
From X

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