The market may have already PRICE IN for ETH's ETF, which means that the approval in July has already been reflected in the price.
If this is the case, then the future is really not optimistic.
NIO $9 billion
Xpeng Motors $7 billion
Weibo $2 billion
Zhihu $200 million
Look at L2, which has few real users:
1. arb: more than $8 billion
2. op: more than $7.9 billion
3. strk: more than $7.3 billion
4. zk: more than $4.2 billion
This world is so absurd. I think these project owners and VCs know how big the bubble is, so they will definitely ship it by any means.
