牛市四大阶段回顾：从ICO到Meme币再到2025年链上IPO

General
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Every bull market has been dominated by fair launch metas and perps fueled gains

  1. ICOs in 2017

  2. DeFi summer liquidity mining in 2020

  3. NFTs in 2021

  4. Memecoins in 2024

  5. Internet Capital markets in 2025 (onchain IPOs)