My last launchpad token investment went from around $20 to cents. I hate Cardano. These things can moon though, they are way more leveraged than the underlying asset. With the current sentiment I’d still give it a 10x potential if SOL just doubles. Invest only what you can lose 95% and put in some stopp-losses on your way up because after the peak it’s a steady decline, maybe not straight, but for sure steady.