#预测市场 This week's new issuance opportunities are really quite numerous. Just looking at the project list is a bit overwhelming. Upheaval's oversubscription of 870% directly shows the market enthusiasm, but the question is—can these projects really sustain the heat?

Yield Basis, backed by Curve founder Egorov and Kraken's channels, has gone from a $50 million funding valuation to an estimated listing with a few hundred million dollars FDV. That's quite a gap. However, the native BTC yield protocol track does have potential, but it still depends on subsequent trading volume and liquidity to see if it can truly take off.

Tea's choice of Coinlist seems quite stable, but with 100% TGE unlock plus the previous no-airdrop controversy, community sentiment is a bit complicated. Under these circumstances, the risk of a dump after listing needs to be considered.

Limitless prediction markets are currently very hot, but honestly, being flooded by Kaito Yap's army has already caused some resistance among many people. Although the backing is good, the enthusiasm for taking over might not be that high.

Goated's data is quite impressive—$1 billion in betting volume and $2 million in net profit, indicating real cash flow. The projects launched by Metaplex Genesis also perform well; the 20x return on CARDS is indeed attractive. This might be the most supported one among this wave of new issues.

Overall, having many hot projects is a good thing, but it's important to distinguish who has real applications backing them and who is just riding the wave.