Recently, the logic behind new coins being able to rise is as follows: 👇
"The bears issue less, retail investors have no assets, and the whales can pull up at will."
So the upcoming new coins will follow this pattern, as seen from the recent Babylon and Linea trends. 🤐
If there are two options for issuing coins:
1. Issue a lot and keep falling (get scolded)
2. Issue a few (get scolded), pump the price (XX is Bitcoin)
If you were the project team, which option would you choose?