#Meme币市场动态 This week has been a barrage of major projects! Tether's Plasma, the new protocol from Curve's founder, and the hot GambleFi project in the Solana ecosystem—opportunities to participate in IPOs are coming one after another.

Seeing that Upheaval has already exceeded its fundraising target by over 870%, this level of enthusiasm shows how strong the market's desire is for new gameplay within the Hyperliquid ecosystem. It integrates JumpPad, aggregators, and fiat on-ramps, resembling a comprehensive hub for DeFi trading—serving both as a launchpad for projects and a liquidity distribution center. The potential of this architecture is definitely worth paying attention to.

Additionally, on Yield Basis, the Bitcoin-native yield protocol led by the Curve founder, with a funding valuation of $50 million but market expectations of an FDV reaching several hundred million dollars upon listing. The logic behind this is clear: auto-leverage, impermanent loss hedging, and flexible yield options are truly essential for BTC liquidity providers. Coupled with Kraken's traffic and the Legion scoring system, this collaboration could generate significant synergies.

Goated is also quite interesting. It has already accumulated 12,000 monthly active users and over $1 billion in betting volume on Solana, with healthy existing cash flow. The GambleFi sector generally has natural revenue support. Based on the current pre-sale price, the initial FDV is estimated at $88 million, but considering the existing user base and cash flow, a market cap exceeding $100 million is not out of reach.

However, a reminder: participating in IPOs is always a high-risk, high-reward game. The projects worth engaging with are those with clear business models, genuine user bases, and reputable investors backing them. Don't be swayed solely by the wealth effect; focus on whether the project can survive in a bear market and truly create value for the ecosystem. Opportunities come quickly, and making the wrong choice can lead to rapid declines—do your homework before jumping in.