POPA ReconFallen Unicorns - Projects That Lost $1B+ From Their Peak Valuation
Fallen Unicorns - Projects That Lost $1B+ From Their Peak Valuation $FUEL - $9M FDV (-99%) $SCR - $42M FDV (-97.6%) $STRK - $350M FDV (-96%) $ZK - $320M FDV (-96%) $W - $131M FDV (-95%) $EIGEN - $296M FDV (-93%) $MOVE - $180M FDV (-94%) $ALEO - $87M FDV (-94%) $TIA - $355M FDV (-90%) $ES - $152M FDV (-85%) The 2024–2025 bull run created a wave of billion-dollar valuations. Most of them didn't survive contact with reality. Some fell on bad markets. Others had extra help. MOVE is the most dramatic case - co-founder fired after a market maker dumped $38M in tokens post-launch, Coinbase suspend…
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