Is participating in IPOs through Legion really profitable?

I asked @SurfAI to see if the answer is accurate:

1️⃣The first answer
- At the current price, only 2 out of the 12 listed tokens have achieved profitability.

Uncle thinks this is not very objective, after all, several projects were launched in the first half of this year, and the performance of the clones has been very poor recently. So let's simply calculate the peak returns from new listings, which is based on the highest price that new listing users can sell.

2️⃣The second answer
- Among the 12 launched tokens, the highest sellable return for participants is 11.59x(Intuition/TRUST), followed by 10.82x(Giza) and 4.22x(Fuel Network). However, all peaks occurred on the day of TGE or shortly after, and currently only 2 projects are maintaining profitability, while the others have plummeted 75-98% from their peaks.