When the market is weak, there are unlocked projects, which have a great impact on the short-term trend, such as STRK, ARB, AEVO, which are currently weak...😩

Now the project parties need financing, VC pushes up the valuation, TGE reaches a peak as soon as it opens, retail investors are cut, VC sells coins at a discount through OTC, and projects with valuations of billions or even tens of billions of dollars seem to benefit no one, and everyone is busy "cutting meat"🤣

Many people are now unwilling to take over newly listed coins, especially those with high valuations, low circulation, and less than 20% circulation. Institutions prefer to rush for full circulation memes. Most of the recent strong copycats are fully circulated or close to full circulation👊🏻