Dragonfly partner: No significant difference in token launches between bull and bear markets, recommend focusing on product value
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On February 15, Dragonfly partner Haseeb published an article stating that the belief among crypto founders that tokens must be launched during a bull market is incorrect. Statistical data shows that the annualized ROI of tokens launched in bull and bear markets does not differ significantly. Haseeb suggests that projects should issue tokens during bear markets, as competition for talent and service costs are lower, and there is less competition for listings on CEXs. While token sales during bull markets may see higher demand, the impact is limited. He emphasized that the key is to launch products as soon as possible and create valuable content, citing Solana's launch just four days after the pandemic shock in 2020 as a typical example.
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