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Currently, in this wave of market conditions, the performance of many new projects has indeed been disappointing. Most token issuances are marketed under the guise of bundled financing, but in reality, they are riddled with rug pull schemes, leaving most participants trapped. These projects typically attract attention with extremely exaggerated gains of 0.01%, claiming they can reach a million-fold increase, but such bubbles usually burst within a few days, resulting in either zero or near-zero value.
Frankly, the current market is just like this—filled with short-term false prosperity and ruthless subsequent declines. But the real turning point depends on the overall market trend. Once Bitcoin and Solana, the two main blockchains, initiate a genuine upward trend, the market's activity level and the frequency of effective projects will significantly increase. Only then can we identify projects with real potential to run the race. So, the key now is to wait for the market cycle signals from these two main chains.