Some recent little-known facts:

1. Although the market is back and exchange users are back, most of the new users only play Bitcoin.

2. The market share of many exchanges is declining, not because of the market, but because of compliance issues. Everyone was forced to withdraw from the European, American, Japanese and Korean markets, so they can only re-enter the Chinese market.

3. Because of reason 2, many local exchanges have been strengthened, allowing Upbit, Bithumb, BitFlyer, and Coincheck to continue to be the leaders of the regional market.

4. In this round, not only VCs are involved in projects, but also exchanges, such as Bitget and Morph, so students who missed BGB can take a look at this.

5. The word I hear most recently is "capital protection", such as capital protection for the lead investor with a valuation of over 100 million, capital protection for KOLs in the KOL round, and capital protection for market makers in mining. In fact, the essence is still lack of confidence.

6. According to the news from the investors, the next two months will be the climax of this round of VC coins and coin issuance. Everyone is competing for the window period of certainty, and the scale is much larger than March 24.

7. The specific coin issuance time of these projects actually depends on the time given by the exchange. The coin listing application has been submitted early, and each company is keeping up with the coin listing group battle time.

8. In name, each exchange does not charge a coin listing fee, but will charge it in the name of event sponsorship + margin, so 0 coin listing fee, just listen.

9. Recently, the demand for U cards is very high. At the end of the year, everyone may want to give back to life after making money. I heard from friends who use U cards that the main demand is to swipe e-commerce and open subscriptions.

10. This year's hot products in the market are mainly related to strong transactions. Whether it is Pump fun, Hype, or Gmgn, VCs have also adjusted their direction of observation and finally no longer focus on public chains$BTC $BNB