At present, the cryptocurrency market is in an unprecedented period of emptiness, with funding as one direction and contract orders as another. We don't see much opportunity for the rest of the market. As for meme, Pumpfun has started to issue coins on exchanges, indicating that meme has entered a bear market period. The income of major bots and third-party platforms may have decreased by 80-95% compared to the third and fourth quarters of last year. If we don't issue coins, take the financing route, or follow the CX route, it is likely that it will be difficult to survive