Long.xyz founder reports 10,000 new asset launches following Pre-IPO feature release

Nate, founder of the on-chain stock meme coin platform Long.xyz, stated that approximately 10,000 new asset projects have been launched since the introduction of the Pre-IPO feature. Nate noted that without current token ticker locking and issuance limits, daily volume could reach 100,000, potentially leading to bot dominance and increased FOMO trading. The team plans to implement asset discovery filters based on whale holdings, asset longevity, and anti-fragility to help users navigate the platform. Additionally, the team is monitoring for suspicious activity and is prepared to enforce stricter risk control measures against coordinated market manipulation.