Recently, the cryptocurrency market has witnessed an interesting trend: some newly launched coins related to Grayscale Investments are experiencing significant price increases. This phenomenon has caught the attention of many investors, especially those focused on emerging projects.

It is worth noting that projects that can enter the grayscale list often have strong backgrounds. These projects may take advantage of the current market conditions to promote their own development. For example, projects like IP and Pyth have shown strong upward momentum.

In such a market environment, some investors are beginning to pay attention to potential opportunities. There are views that certain public chain currencies associated with Microsoft's investment arm M12 may be undervalued. In particular, SXT, as a relatively low market cap project, is attracting the attention of some investors. Analysis indicates that there may be investment opportunities in the price range of around $0.71.

However, it is important to note that the cryptocurrency market has always been highly volatile, and investors should conduct thorough research and risk assessments before making any decisions. Although some projects may appear promising, market uncertainty always exists.

Overall, the current market shows a preference for specific types of newly launched coins, especially those associated with well-known institutions. Whether this trend can be sustained and whether it will have a broader market impact remains to be seen.