Tonight, the crypto assets market welcomes two highly followed new projects launching. The initial trading prices of $TOWNS and $PROVE reached highs of 0.09U and 1.7U respectively, reflecting quite astonishing market capitalization expectations behind these numbers.

At its peak, the circulating market capitalization of $TOWNS was approximately $200 million, while the fully diluted valuation (FDV) soared to $910 million. Similarly, the opening performance of $PROVE was also impressive, with a circulating market capitalization reaching $370 million at its highest point and the FDV climbing to $1.7 billion.

However, in the current market environment, such a high valuation often triggers cautious sentiment among investors. Historical experience shows that many high-valuation projects often face selling pressure after going live on spot trading, leading to a price drop.

For investors, the choice of strategy in this situation becomes particularly important. Small market capitalization projects may still have some growth potential, worth following and potentially ambushing. For large market capitalization projects, investors may need to react more quickly and execute contracts more precisely to seize potential profit opportunities.

Overall, in such a market environment, investors need to keep a clear mind, weigh risks and returns, rather than blindly chasing high-valued projects. Conducting in-depth research on project fundamentals and following long-term development prospects is a wiser investment strategy.