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Tracking data of 42 unissued coin projects during the bear market phase has been compiled. Currently, there are not many tracks to discuss. Looking around, only two still have active discussions—prediction markets and perpetual contract DEXs.
Honestly, I am more optimistic about the prediction market track. The reason is simple: a broad user base, relatively sufficient liquidity, and high participation from outside the circle. The key point is that Long Yi has not issued tokens yet, leaving plenty of room for imagination. When real actions happen, it could activate the entire track.
In contrast, the situation on the perpetual contract DEX side is more complicated. The performance of the two leading players has not been satisfactory, and the overall atmosphere is somewhat pessimistic. It now depends on whether new entrants can break through, but the pressure is indeed significant.
Several active players are working on the prediction market side, along with international compliant platforms participating, and the competitive landscape is still taking shape. As for the perpetual contract side, besides the top projects already launched, many new projects are in preparation, but market recognition needs time to validate.
The chart highlights hot projects in each track with yellow markers. Those interested can focus on them. Opportunities in a bear market often hide in the most inconspicuous places, but the premise is that you must identify the right track direction.