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What happened to presales now? why every presale is raising at such a high FDV? Bitlayer presale is live on CoinList , raising $4M at $200M FDV. (vesting: 100% at TGE) Billions network presale is live on Kaito Capital Launchpad, raising $5M at a $200M FDV. (vesting : 75% at TGE, 25% unlock after 12 months)