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The opportunity in the IPO market is indeed scarce at the moment, and blind participation carries significant risks. Even well-known projects like Zama find it difficult to deliver optimistic returns unless they are part of a high-quality early-stage NFT ecosystem.
The MegaETH (Sonar) and Superform (Legion) tokens in holdings have not yet undergone TGE, and this waiting period itself tests patience. What's more disheartening is that most of the recent IPO projects participated in are showing losses, reflecting the current cool atmosphere in the primary and secondary markets—risk of breaking the price support is clearly rising, and investors need to be more cautious in assessing project fundamentals and liquidity prospects.
The wave of breaking the peg is really fierce this time, luckily I didn't go all in on the new listings.
MegaETH is still lying dormant, this waiting period is really exhausting.
Participating in new listings now is just gambling; without fundamentals to support it, it's just money going out.
The primary and secondary markets are both so cold, maybe it's time to wait and see.
TGE is still far away, my patience has its limits too.
One loss-making project after another, this market is teaching us how to behave.
Instead of blindly participating, it's better to wait calmly for the right moment.
The king of breaking the peg is coming, who still dares to hop on casually?
Projects with liquidity exhaustion are better to stay away from.
Waiting for TGE has become numbingly routine, it feels the same as not waiting at all.
Zama isn't making as much money as expected, you still have to rely on luck.
Recently, I haven't made any profit from new listings; I should have just laid low if I had known.
With such a severe inversion between the primary and secondary markets, who would still dare to enter now?
Waiting for TGE until you're exhausted, how much longer do these two things have to last?
Zama is no longer attractive, indicating that the overall environment is indeed cooling down.
I've lost quite a bit in this round; I need to reflect on my IPO strategy.
With the primary and secondary markets so cold, I still need to be selective and not rush in blindly.
Waiting for TGE until your mentality explodes, this feeling is truly incredible
Zama also didn't catch the dividends, maybe my vision really has issues
IPO now is just gambling, if I had known earlier, I would have gone all in on spot trading
I also have MegaETH and Superform, not to mention them, mentioning them makes me want to cut my position
The primary and secondary markets are so cold, who still dares to rush in? Respect, respect
Actually, I just want to ask who is still making money now
Waiting for the TGE day is a bit tough, how long do MegaETH and Superform have to wait?
Instead of blindly participating in new offerings, it's better to observe more. Entering now is just like giving away money.
No matter how famous Zama is, it can't withstand a cold market. This round, we really need to be more cautious.
Not making money from new offerings and instead losing money clearly indicates a problem.
I'm increasingly convinced that high-quality early-stage projects are the way out; random investments are just futile.
Holding positions and waiting... can't really handle this bearish market trend.
Recently, all new listings are full of losses, my mentality is collapsing
There's no chance with Zama, so what's the point of playing
MegaETH hasn't launched yet, I almost forgot
The primary and secondary markets are completely cold, gotta lie low
Rather than blindly participating, it's better to do nothing
TGE is still a long way off, who can endure this torment
With such a high failure rate, who still dares to take over
NFT early days are all over, where's the promised wealth
The era of blindly entering new listings is really over