Many founders try to time their token launches for bull markets. But even if a token is launched into a bull market, that token will eventually have to weather a bear market too.
Is there evidence that when in the market cycle a token is launched affects its long-term value?
I'm genuinely not sure, but I'm skeptical. It would imply that there are cohorts of tokens that systematically underperform others because of the market cycle at the time of their launches. That doesn't sound right to me, but admittedly I haven't looked at anything systematic.
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