#预测市场 Large projects are indeed intensive on a weekly basis, but the quality of new issuance opportunities varies greatly. To analyze this wave of launches, focus on three key points: the project's own cash flow fundamentals, tokenomics design, and the platform's screening rigor.

An oversubscription of 870% for Upheaval is a signal, but be aware of the price curve effect under this mechanism— the more participants there are, the less impact early Bonding Curve price differences have. This essentially compresses the profit potential for later participants. With only 26% initial circulation, whether trading volume can be maintained in the future is crucial to determining the market cap ceiling.

Yield Basis is backed by the Curve ecosystem and Egorov's influence, which provides some endorsement. However, the jump from a $50 million valuation to an expected FDV of hundreds of millions of dollars involves significant market sentiment premium that warrants caution. Legion's KYC screening mechanism can filter out a large number of wash traders, making it more valuable than pure public sales from this perspective.

Limitless, as a project in the prediction market sector, has a trading volume of $270 million, which is substantial. However, past issues with volume manipulation and community resistance are present, so this risk needs to be evaluated separately.

My advice is: if you really want to participate, prioritize projects with solid cash flow (like Goated, which has stable betting income), then check whether the platform's filtering mechanisms are strict (Legion's scoring system > pure FCFS), and finally consider the initial circulating supply of the tokenomics. Avoid blindly following oversubscribed projects, as market hype often inversely indicates risk levels.