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More
People woke up
Ranger will raise a min. of $6M (could be more)
$6M = ~$15M FDV
$8M = ~$20M FDV
Last big MetaDAO launches like Avici and Umbra saw a 1.5x-4x within the first 24h
Competitors like DefiApp have an FDV of $200M+. Vooi (basically a rug) did its presale at over $100M FDV and is still sitting around $20M FDV
On top of that, CT is screaming for ownership coins
ps. Ranger will use part of the funds raised to create a “buy wall” to support bids around the ICO price and reduce early downside volatility