Throughout the past period, Memes have consistently outperformed most technology projects. From layer 1;2 to DeFi, LSDFI, all have shown extremely modest growth compared to meme tokens.
Image 01 - Current situation
▫️ Memes have surged strongly, and after the correction, the rebound is even stronger than other technology projects. Meme tokens have now returned to the price level before the dump.
▫️ Conversely, technology projects raising tens to hundreds of millions are struggling to find the bottom.
👉 Is it the twilight of technology Altcoins? Are Memes taking the throne?
⭐️ Actually, it's not like that. It's simply the flow of money circulating between narratives (See post 02)
Image 02 - Not long ago
▫️ $SEI up 9 times; $TIA up 10 times and a series of technology Altcoins have shown relatively impressive growth - mostly doubling or even quintupling from the bottom in October 2023. When corrections occur, technology coins often bounce back quickly (don't know if you remember).
▫️ Meanwhile, meme tokens are in a downward trend, continuously seeking the bottom without any signs of recovery.
⭐️ Conclusion: The market will constantly change "lock key," don't think that holding the key to success in the previous phase will continue to win in the next phase.
⭐️ Our market training mindset: New technology coins are the real deal => buy a lot => heavy bags => crash hard. Or another example: Old coins are heavy bags => few people buy => pump hard.
👉 Now many have been looking for old coins; memes on dex with potential xxnx and abandoning new technology projects. The market repeats itself... we're just spinning.
