The core focus of IMU is not on price, but on the "distribution pathway."

Many people participate in Launchpad only paying attention to the price increase, but they overlook a key issue: **how tokens are distributed and recognized.** Gate Launchpad itself has a stable user base and traffic entry points, which determines that IMU's "first batch of holders" structure is relatively healthy.

Compared to airdrops or private placements, Launchpad users tend to be more medium- to long-term participants, which helps reduce early selling pressure. From historical experience, the Launchpad projects that truly go far are often not the ones with the strongest performance on the first day, but those with the most stable rhythm afterward.

Therefore, with IMU, I pay more attention to whether there is continuous content after launch, whether participants can be retained, and whether new narratives can be constantly introduced. If these are in place, price is just a result, not the starting point.

For ordinary users, this type of project is more suitable for the idea of "gradual realization and retaining core holdings," rather than a one-time deal.