Everyone’s guessing what @HeyElsaAI will launch at… so here's my honest opinion: I’m leaning toward a $40M–$70M FDV. Why? • They raised $3M and AI×DeFi projects usually debut at 10–20× their seed • Giza came out at ~$66M, and Elsa is already showing more activity in terms of users and volume • The Foundation is launched, V2 snapshot - this is almost a direct signal that "TGE is close" What could change the valuation: tokenomics, the unlock at TGE, and the total supply [ it's still a black box ] But if you look at the data, not the emotions - the 40–70M range looks the most realistic. I've already taken a position. What do you think - higher or lower?