Value investment is a waste, all memes live in the palace. When the environment is not good, there are unlocked projects, which are very important for the short-term trend.
STRK, ARB, and AEVO, which have been weak, need financing now, and VCs push up valuations. TGE reached its peak at the opening, retail investors were cut, and VCs sold coins at a discount through OTC.
For projects with valuations of billions or even tens of billions of dollars, it seems that no one really benefits. Everyone is busy "cutting meat". Now I am unwilling to take over newly listed coins.
Especially for coins with high valuations and low circulation below 20%, the current project valuations are overestimated. There will be a value of 155 billion US dollars in the future. To dilute, institutions prefer memes with full circulation. Most of the recent strong copycats are fully circulated or close to full circulation.
