I am still convinced that the big bull market of tokenized stock "distribution" triggered by the RH chain has not changed. However, there are too many uncontrollable variables in this process, such as grabbing attention by manipulating the market, plagiarizing weak projects to seize innovation points, and forming a conspiracy group to manipulate the market, iykyk。 The outbreak of a chain bull will face much greater difficulties than expected. However, there are some positive signals that everyone should also see ： 1) The market size of tokenized stocks on the chain is steadily increasing, and RH chain is just the beginning. The real tokenized market size is only $3B in the dominant TradFi asset on chain actions such as Ondo, xStocks, bStocks, Backpack, etc., and there is still a lot of room for growth; 2) The entry and efficiency of funds for this on chain operation have completely changed, with the emergence of new infrastructure such as Fomo that have higher deposit efficiency and faster capture of trading signals. Without the barriers of gas fees, cross chain, follow-up, and fiat currency deposits, the incremental effects brought by the new infrastructure are still far from being fully realized; 3) The power of MEME's new gameplay of pairing coins with stocks is no less than the "mining" moment when Compound issued governance tokens to incentivize mining in 2020. Looking back, the DeFi of the previous cycle was just a nesting game, and this round is still a new nesting game driven by the issuance of new assets and the distribution of tokenized stocks. oh If you're smart and say he's having sex now, please spit out the profits from your DeFi Summer first; 4) Although there is a bit of a mess on the RH chain at present, with endless wolves in the guise of innovation, fortunately, many Devs that were previously lost are now running into the market, because there are no opportunities to compete in the web2 AI track and Meg7 internal competition, and entrepreneurship is certain in the narrative industry that is still in the early stages of distributing global stocks; 5) The game in the financial world has always been a game, whether in the early, middle, or late stages. As a small player, we must recognize the fragility of "wolf's mouth snatching meat" and only choose to seize opportunities with PVE thinking under the right market rhythm. There are also projects on the RH chain that are truly showing signs of DeFi, such as the Solana Stoneks ecosystem's transaction tax reward token distribution game, and the programmable and versatile financial gameplay world that Uniswap Hooks wants to create has not been discovered yet. Faced with the chaos caused by some market chaos, we don't need to be alarmed; As the saying goes, the new narrative of tokenized stock distribution in the cryptocurrency industry remains unchanged, and the basic market conditions in the early stages of the bull market have not changed. Everything has just begun; I believe that Vlad, Toly, Brian, CZ and others understand the significance of this narrative storm better. They will not stop here. If it really fails, it is not our fault, but their incompetence in speaking to those in power. This is the lifeline of the entire cryptocurrency industry. May everyone be able to endure the torment of this major market wash, and in the near future, we will see the rise of the bull market!