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The day before yesterday, a major exchange listed a new chain for spot trading. I didn't rush to spread the news, fearing I might get caught in a trap. To be honest, if we want this chain's ecosystem to truly come alive, the newly launched projects need to be able to drive market sentiment.
Currently, the old projects have basically no influence anymore, and exploring new tracks doesn't seem to make much sense. Confidence is more precious than anything else. The performance of that project some time ago clearly showed the problem—where there's hype, funds will flow in; without hype, even the best fundamentals are useless. For the ecosystem to develop, it must rely on positive feedback from market sentiment.