📊 Why Tokens Die in the First 90 Seconds After TGE? - explains Matt O'Connor
While the market is waiting for new ICOs, the team behind Legion keeps dropping valuable insights. In his latest essay, Matt O’Connor breaks down what really goes wrong during a TGE.
🚀 He compares a token launch to a rocket launch:
The highest risk of failure happens in the first minutes.
If a project survives this window — its chances of long-term success increase significantly.
📉 Key stat:
Up to 50% of sell pressure from airdrop recipients hits within the first 45 minutes of trading.
If the price drops early → it can trigger a cascade: dump → TVL outflow → community panic.
❌ 5 mistakes that kill projects at launch:
• Toxic supply & bad deals with market makers
• Overinflated FDV
• Hidden team selling right after TGE
• Ignoring institutional demand (relying only on retail & hype)
• Founder overconfidence + blind trust in advisors
⚖️ Bottom line:
TGE is a brutal balance of supply vs demand.
Projects that survive and grow after 6 months combine strong belief in their product with ruthless execution.
🔥 Not every launch fails — but the first minutes decide everything.
Read the original article here:
https://x.com/matty_/status/2034285994304745896?s=20
Backpack Launchpad is now live on MEXC
A new launchpad campaign from Backpack has officially started, giving users the opportunity to share 130,000 BP tokens before trading begins.
💰 Pool Allocation:
🔹 Pool 1 — New Users Only
• Allocation: 70,000 BP
• Price: 0.1 USDT (70% discount)
• Subscription: 100 – 5,000 USDT
🔹 Pool 2 — Open to All Users
• Allocation: 40,000 BP
• Price: 0.17 USDT (50% discount)
• Subscription: 100 – 5,000 USDT
🔹 Pool 3 — USD1 Pool
• Allocation: 20,000 BP
• Price: 0.17 USDT (50% discount)
• Purchase currency: USD1
✅ How to Participate:
To qualify, users must complete tasks related to spot and futures trading on the platform.
⚠️ Always DYOR before participating.
Join the launchpad via the official link:
https://www.mexc.com/uk-UA/launchpad/backpack/69b7c1d3e4b097a873e2b688