The market is simply like two extremes right now:

1. The on-chain small players are experiencing a bull market every day, either big bulls or small bulls.

2. The holders of BTC are in a bull market today, a bear market tomorrow, and a monkey market the day after...

3. ETH and most altcoins are experiencing: bear market, bear market, possible bull market, bear market, possible bull market, bear market...

Looking at the DEX trading volume today, it is steadily increasing year by year, with more and more people shifting from exchanges to on-chain. As the difficulty of trading in the secondary market increases, making money on-chain will become easier, and going on-chain will become a trend in the future.

Now let's look at another phenomenon, what issues have you discovered with the coins listed in the past year?

Summary: Going public is purely about cutting losses.