The poorest time for the boss of a listed company is when the company goes public Because going public incurs costs Various visible and hidden costs add up to a small target Moreover, stock lock-up means it takes years to unlock The project team used to issue coins during the ICO First, they raised several hundred million from the market Then they brought out 10 to 30 million to operate the coin After it goes up, they also have money to create market value The community also pays up But in the past two years, the primary market has basically had no liquidity The amounts in the primary market are mostly inflated Financing 100,000 for external promotion, several million USD There are very few solid projects in the primary market now It's all about resource parties organizing, the project quality is not seen from the outside Projects are all poor, and the money is gathered from various parties If going to major exchanges, like @binance and @okx It's basically all about borrowing or finding investors to cover costs Just think about it, if you are the project team or an investor What is your first thought? Is it to raise another sum of money to create market value or how to quickly recoup costs? In this version with only a few days of liquidity, whether it's meme or going public The answer is clear! Generally, the first thought after going up is how to sell off the costs This is why new coins often drop after going public The market is changing, projects are changing, and the community is also changing Adapting to the market is essential for survival; if you don't adapt, you will be eliminated But most retail investors only think about going long Only the big players have a short-selling mindset $BTC $bnb #binance