[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Crypto J. | Ø,G 🧡 [@CryptoJeremy01](/creator/twitter/CryptoJeremy01) on x 4032 followers Created: 2025-07-22 10:37:05 UTC I was okay with the KYC on Espresso presales, but the unlock period made it a no-go area for me. Here is my reason: 1) The hype is already cooling off. Espresso is the first project on Kaito Capital's launchpad, but it's not even in the top mindshare leaderboard for the last X months or past XX hours. 2) Overvalued: The sale is happening at a $400M valuation, which is high (I might be wrong on this). 3) Token locked: If we participate, you and I get X tokens at TGE. XX% unlocks after a 1-year cliff, and the remaining XX% via linear vesting over another year. 4) High probability of receiving the token during a bear market, and if it indeed survives the bear market, I can buy it cheaper than the presale price. @EspressoSys should look into their terms and conditions for the presale and make adjustment. Kindly share your thoughts on the presale in the comment section.  XXX engagements  **Related Topics** [24 hours](/topic/24-hours) [$400m](/topic/$400m) [launchpad](/topic/launchpad) [espresso](/topic/espresso) [kyc](/topic/kyc) [Post Link](https://x.com/CryptoJeremy01/status/1947606822359109675)
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Crypto J. | Ø,G 🧡 @CryptoJeremy01 on x 4032 followers
Created: 2025-07-22 10:37:05 UTC
I was okay with the KYC on Espresso presales, but the unlock period made it a no-go area for me.
Here is my reason:
2) Overvalued: The sale is happening at a $400M valuation, which is high (I might be wrong on this).
Token locked: If we participate, you and I get X tokens at TGE. XX% unlocks after a 1-year cliff, and the remaining XX% via linear vesting over another year.
High probability of receiving the token during a bear market, and if it indeed survives the bear market, I can buy it cheaper than the presale price.
@EspressoSys should look into their terms and conditions for the presale and make adjustment.
Kindly share your thoughts on the presale in the comment section.
XXX engagements
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