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The trading volume of a certain project has recently dropped significantly. It seems that participants are all in a wait-and-see mode, waiting for subsequent good news to be realized.
I heard that there are two more funding stages, S3 and S4, coming, along with a 25% airdrop share... If these actually materialize, there might be some changes. However, the current trading enthusiasm has indeed cooled down quite a bit, and it's unclear whether everyone is waiting for news or has other considerations.