#区块链快讯# Dragonfly managing partner Haseeb recently published an article on the X platform, expressing doubts about the impact of market cycles on the long-term value of tokens. He believes that although tokens issued in a bull market may have more funds for growth, market competition is relative. If the market falls by 50%, the native token ecosystem fund will also fall by 50%, and the market share will remain relatively unchanged. He emphasized that the timing of fundraising activities is indeed important, but he is discussing token issuance (TGE), which is more like a direct listing rather than a fundraising activity. What do you think? Welcome to leave a message in the comment area to discuss! 👇