Recently, the fomo sentiment in the market is too high, especially in the meme sector. Pepe doge floki wif act punt and so on have drained too much liquidity from the market.
Many projects that have been in operation for a long time are not as good as a meme coin that has just been launched. This is also the general trend. After all, there are really too many projects now, and there are pitfalls and sickles everywhere.
But the meme is just the opposite. It is driven by fomo sentiment. The popularity has been soaring, and there has been liquidity entering. Although there are many wild dealers in the middle, the main force is still built up by retail investors!