New Project Pre-Review | 2026.07.04: Among Today’s New Coins, Which Are Worth Waiting For, and Which You Shouldn’t Chase

Today’s new project pre-review is not about chasing the opening price—it’s about checking whether these projects have a second round of pricing opportunity.

Today, I focused on two directions: one is the payment and privacy card project Laso Finance, and the other is the privacy AI project Venice AI, which already has a token. The former is running a public offering, and the on-chain committed funds are already clearly above the minimum target. The latter has just completed a large equity financing round, its valuation has been pushed higher again, and this has also led the market to re-discuss the question of how value is attributed between the token and the equity.

Projects worth continuing to wait for today:

1. Laso Finance

What it’s building is a stablecoin prepaid card, gift cards, and privacy payments. In terms of narrative, it’s aligned with established crypto payment, wallet, and card infrastructure. Its advantage is that the product isn’t just a pure concept—there are already card and gift card use cases, and the issuance hype is indeed very high.

But I’m not going to treat it as something you should chase right now. There are three core issues: first, the value capture between the token and the payments business is not clear enough; second, the public offering hype is too high, making it easy to form crowded trades in the short term; third, we still need more complete information on team allocations, unlock windows, market-making depth, and formal liquidity.

My approach is: just observe, don’t chase the issuance hype. If, after it launches, there is a clear pullback, and at the same time the real payment volume, fee revenue, market-making depth, and token utility can catch up—then I’ll consider whether to move into deeper research. Since the information isn’t sufficient right now, I won’t set a buy price.

Projects with high hype but that I’m not chasing for now:

Venice AI

This project itself has a real product—it does privacy AI and model access. The market attention comes from a $65 million funding round, a $1 billion valuation, and participation from institutions such as Dragonfly. What makes it stronger than most AI tokens is that its product and user data are not just empty shells.

But its problem is also very direct: the financing is equity financing, which doesn’t necessarily mean token holders will benefit in sync. The VVV token does have narratives around AI compute access, staking, and buyback-and-burn. However, once the equity valuation is raised, ordinary users need to focus on whether revenue truly flows back to the token—not just chase the move based on funding news.

If you already hold it, only look at product revenue, buyback-and-burn, token releases, and the ability to hold after the price pullback. If you don’t hold it, it’s not suitable to chase highs just because of the funding news. This project is more suited to waiting for second-round pricing, rather than treating the primary-market valuation as a direct reason to buy in the secondary market.

Projects I’m not touching for now:

In today’s new coin list, there are also some small-cap projects that have just been picked up by market data websites. Their trading volume, number of holders, team, tokenomics, and market-making information are all too thin. I won’t force a write-up just because they are “new.” Especially projects whose daily trading volume is only a few dollars or tens of dollars, or where on-chain liquidity and holder count are very low—I won’t touch them for now.

Today’s conclusion:

Laso Finance can continue to be observed, but don’t chase the issuance hype. Venice AI has product and funding support, but it’s more suitable to wait for second-round pricing. Small new coins with very thin trading volume—don’t touch them for now. New coins are not something you can’t look at, but the biggest fear with new coins is high opening hype, high turnover, and low circulating supply. What’s truly worth looking at is not “which one just went up right after listing,” but “which one can stay stable after the pump, and when it drops, there’s still capital willing to step in and buy.”

Risk Warning:

The above is for personal project research and market observation only and does not constitute investment advice. New coins are extremely volatile—especially in the opening phase, when they are particularly prone to sharp pumps and fast pullbacks. You must take a small position, enter in batches, and strictly manage risk.