Alpha Incoming from "ZkFair L2 Insights":
Did you miss the 25x (!) of $ZKF - ZkFair's L2 token that shot up and is now a top 10 L2 by TVL, according to L2Beat. ZkFair is now larger by TVL than Linea, Starknet, and Polygon zkEVM! $1,000 would be worth $25,000. ZKFair went out at $4M FDV and 25x'd to $100M. The good news is that the likely leading DEX candidate on ZkFair, Firefly, is set to do something similar.....
Projects hold trading competitions as a regulation-friendly way of raising funds from trading fees. You might see it in all the Points systems out there. Firefly's initial valuation will effectively be $1M which is very low for a dex on a top l2. But zkfair mandates that projects do it that way- due to their Fair Mode launch for projects (see: https://twitter.com/ZKFCommunity/status/1740002555021971621). It's ok for projects but it works out great for early investors. The opportunity is for investors to trade and use their trading fees to buy the Firefly token.
