Personally, I think the $1.5 billion FDV for $EDGE is, judging from the available data, way underestimated no matter how I look at it.

Maybe the figure from Polymarket has become the reference point, and everyone is being anchored to it. That's the so-called anchoring effect. Well, it's kind of a chicken-or-egg situation.

Market psychology is interesting—whatever number you see first becomes the benchmark, and it's hard to break away from it.