Exploring the New Cryptocurrency Cycle from the Hong Kong Web3 Festival Cryptocurrency is entering a new cycle, personal prediction one ⃣ VC coins that only focus on storytelling will not be able to support high valuations two ⃣ Meme coin has existed for a long time, but its dividends are disappearing three ⃣ The project returns to fundamentals and PMF (Product Market Fit) four ⃣ RWA is slowly rising five ⃣ AI X Crypto is looking for PMF, may explode in one day six ⃣ There are two exit options for future projects: IPO and TGE