Do retail investors still have money?
I asked some friends, and they lost a lot of money in the market and were trapped.
So can the current project owners make money? Let's not talk about big projects.
For some projects listed on the top and second-tier exchanges, first you have to pay the listing fee, and then some whitelists or launchpools, etc.
After the new listing, retail investors sell the whitelists and the mining. It is a bit difficult for retail investors to play the second level. Who dares to rush in without thinking after being cut? The project owners are left to play with the right hands.
What caused the current situation?
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