I have already said in March this year that the real outbreak period of altcoins is probably between 2024/12 and 2025/04. From the current point of view, this prediction has basically been fulfilled. Some time ago, the old altcoins led by $XRP and $XLM have experienced a wave of crazy pull-ups.

Today, the altcoins collectively entered a correction, but I think this is just the beginning. The altcoin season still has 4 months to perform, and the next 4 months are likely to be a more crazy altcoin carnival stage.

If the altcoin season really follows this script, then the current two months (2024/12 ~ 2025/01) may be the best TGE time for major projects, because after issuing the coins, you can directly enter the crazy altcoin season and enjoy greater liquidity.

We can also see from the market performance of $ME today and $MOVE yesterday that the current TGE market performance is indeed better than the king projects (such as $SCR) that had TGE a few months ago. So I guess that most of the king projects will choose TGE within these two months.

By the way, in two days, on December 12, the RWA project @Lingocoins on Solana will also have its TGE. Like Magic Eden, Lingo belongs to the Solana ecosystem and is also a partner of Magic Eden. We can look forward to their opening performance, and hope it will be the same as $ME.