Due to concerns about liquidity in the cryptocurrency market, various VC/liquidity funds in the crypto space are currently working hard on crypto stocks, looking for a shell company in the US stock market for a reverse acquisition (around ten million dollars), then crafting the narrative, raising funds, and buying cryptocurrencies (most likely purchasing large altcoins like ETH, SOL, BNB), hoping to achieve a 'long bull' like MicroStrategy/Circle. The liquidity in the US stock market is not on the same scale as that in the crypto market; institutions are sharpening their knives and still want to go to the place with the strongest liquidity. The benefit is that if these institutions can work together to drive up large altcoins, it would be a good thing, but it depends on whether the liquidity in the US stock market recognizes these assets. After all, many institutions are big players in the crypto space, but in the US stock market, they might just be nobodies. Sun's crypto stock is a counterexample; in a market that values reputation, such 'assets' are not going to attract buyers. This also illustrates another principle: when playing in different financial markets, the underlying rules vary. If one cannot understand these differences, then what comes out of it can only be noise.