VCs are busy organizing events, collecting US stock shells to create micro-strategies.

Old projects are busy issuing tokens, queuing for Alpha to bet on Upbit.

New projects are busy raising funds, selling 300 million in pre-sales and 500 million in public offerings.

Launchpads are busy starting up, with memes coming one after another from all angles.

And those not in the game are watching, asking every day: When will it end?