<Binance New Coin Analysis> Less than 20 days have passed How is the liquidity at the top of the market? 1. New coins pile up Among them, star projects with more financing/longer duration @babylonlabs_io @WalletConnect These second level ones are quite fierce But investors are probably tightly trapped @OndoFinance @virtuals_io @playbigtime The three older brothers emerged from the voting process The market value is much more stable compared to new projects But there is no doubt that The new currency valuation system has collapsed A bear market is coming But what's scary is that everyone is still queuing up in a life-threatening manner to issue coins Are you worried that the market won't really improve? 2. The clear valuation of wallet projects has been suppressed Maybe it's a wallet update project You need to hand over at least 5% of the low-priced chips Nevertheless, the vast majority of projects cannot be controlled This indicates that most market makers are just beginners 3. Projects that have not been issued coins can be postponed if possible Main players don't waste time The ones that can be delayed are usually long cycle/mainnet capable It's not necessary to rely too much on tokens/burn rates for procrastination These are things I think can be postponed @megaeth_labs @monad_xyz @AbstractChain @pumpdotfun @Polymarket @sign It can't be delayed, we have to memorize the first battle @mindnetwork_xyz @Pumpbtcxyz @Stake_Stone @RealBalanceFun @Mira_Network @SuccinctLabs @EclipseFND @humafinance Overall, it can be seen that layer baby has a second level performance Others can be said to have been completely wiped out Previous VC locking logic Unlock cycle that has been arbitrarily modified Chips that can be freely traded with KOLs/exchanges The body is completely devastated Complete transformation of discourse power and pricing power The market weight in the Chinese speaking region has significantly increased Multiple crypto super individuals have appeared temporary shortage The valuation and pricing system is chaotic and approaching collapse Under a weak regulatory environment Project parties/market makers no longer refine their operations But instead, it began to show off the butcher's knife in a crude way Exchanges/public chains are also starting to loosen up Corruption and things beneath the table are beginning to deteriorate What is the future like? After the first and second level inversion is completed The new round of project valuation returns to equilibrium state The listing effect will become worse and worse Liquidity tends only towards Long term community+product real income project =Long term attention Everything has just begun This is the best era, this is the worst era People who make money angrily criticize weak industry regulation People who haven't made any money think chaos is the ladder What will happen in the future? Only God knows Good night, Makabaka