The influence of meme culture in the field of cryptocurrency is spreading, and some altcoins and public chains such as APE, FTM, DYDX, etc. have also started meme hype (pump). In the current environment where there is insufficient news in the currency circle and funds and liquidity are dominated by institutions, the dispersion of funds may lead to an unfavorable situation in the end.
Looking back at last year, the SATS inscription project was popular in the market, and major public chains began to launch inscription projects, but in the end many projects ended in failure, leaving a mess. This shows that the market needs new applications and concepts to maintain vitality and growth, just like the previous GMT "Move-to-Earn" model, this concept is very popular, and its related physical applications are also quite successful.
For investors, it is important to have foresight and be prepared for the upcoming market boom. This means paying attention to projects that have the potential to bring new applications and new concepts, rather than just chasing short-term hype. Just as bamboo can grow rapidly in a certain growth cycle, but grow slowly at other times, great wealth in the cryptocurrency market is often obtained in a relatively short period of time. Therefore, seizing the cyclical opportunities of the market and participating with all your strength is the key to success.
However, for those who have not made a lot of money in the cryptocurrency circle, they may fall into the trap of linear thinking, always planning their income on a monthly basis, while ignoring the cyclical and long-term potential of the market. In a bear market without a vent, it is difficult to make a lot of money even if you work hard. Therefore, investors need to wait patiently for the arrival of the next cycle, and in the process of waiting, they should not wait passively, but actively improve their skills and knowledge to prepare for the next round of market boom.