Later, I learned to demystify certain things.

A product that has raised a lot of money in the primary market indicates that they have a strong ability to tell stories and sell expectations to VCs, but it does not mean that the current product is very good.

A company going public on the US stock market through an IPO indicates that they have strong underwriting capability with investment banks and are willing to incur significant compliance costs. The threshold for ringing the bell at an IPO is not as high as the public imagines.

Of course, pushing the coin to the Top CEX after issuing the coin is the same.