I really didn't expect that An An's IEO would have such a day. The launch was the highest point, and then it hit a new low every week, and there was more than one such IEO. It was simply a wave of bloodbaths, with a drop of up to 75%, and it was directly trampled on the ground.
BTC is still hovering around $62,000, while a large number of Binance IEOs have fallen by 75%.
Take $PORTAL as an example. The current market value is only $135 million, which has fallen by more than 4 times the original value.
So-called value coins like Arb and Binance IEOs like $PORTAL have been following the decline of Bitcoin. Even if Bitcoin rebounds, they have only recovered slightly.
I think the first half of this year is the "Meme and AI Year", but I don't think it is a so-called bull market.
