Dragonfly Partner: There is no significant difference in coin issuance between bull and bear markets. It is recommended to focus on product value

On February 15th, Haseeb, a partner at Dragonfly, stated in a post that the view of cryptocurrency founders that it is necessary to launch tokens during a bull market is incorrect, and statistical data shows no significant difference in annualized ROI for issuing tokens during bull and bear markets. Haseeb suggests that the project team issue coins during a bear market, as there is less competition for talent and lower service costs, and there is also less competition for CEX coin listing; Bull market token sales may have higher demand, but the impact is limited. He emphasized that the key is to launch the product as soon as possible and create valuable content, and Solana's launch four days after the impact of the pandemic in 2020 is a typical case.