Judging from the recent market performance, the market of PVP Meme coins has basically come to an end. The following is an analysis of the reasons:

1. Changes in the mentality of retail investors: Before, when retail investors saw the top players making money and tweeting on the chain, they often thought that these people were really amazing and could make money by following orders. However, the situation is different now. After seeing the top players making money, the first reaction of retail investors is often to worry about being cut off, or to doubt whether this plate is a trap set by the top players themselves.

2. Changes in the atmosphere of the Meme community: Once upon a time, everyone was almost on the chain every day, and the group chat was full of discussions about how the Golden Dog project soared last night and how much money was made. Now, when you open the group chat, there are more complaints about how much you have lost since morning and who has been trapped by following orders.

3. Judgment of old leeks: Most of this wave of old leeks entered the market during 2020-2021. After experiencing several rounds of Meme coin bull markets, they have a more calm judgment of the market. Now, they are not optimistic about the prospects of PVP-type Meme coins, believing that foreign conspiracy teams have already mastered the pricing power, and domestic investors can only help to carry the sedan chair. When the market is good, they can drink some soup, and when it is bad, they will be cut directly.

4. Brother Sun's intervention: Brother Sun's indicators are still very valuable for reference, and his end often indicates changes in the market.

5. At present, the most promising, easiest to make money and non-pvp in this bull market is the BTC ecosystem, which further strengthens my optimism about the BTC ecosystem! At least a few projects with a market value of more than 1b should come out (ordi, sats, pizza, dog, node monkey, puppet)

Currently heavy positions, pizza, sats