The volatility of altcoins is often closely related to the trend of ETH, and the recent rise of ETH is indeed a positive signal.
In the future, the meme coin sector may see a new wave of excitement, especially against the backdrop of ETH continuing to rise, on-chain meme coins may become the focus of the market. However, it is important to note that not all meme coins can last as long as DOGE.
When assessing the potential of a cryptocurrency, one should pay attention to market popularity, expectations for listing on major platforms, trading liquidity, the story behind the project, and past price performance. After all, no cryptocurrency will have a smooth journey; it will always experience periods of adjustment and consolidation. This is also a key moment to test the long-term potential of a cryptocurrency.
Coins like DOGE, which rely on a strong narrative, successfully get listed on major platforms, and have undergone consolidation, ultimately unleash tremendous potential. Other meme coins can learn from this model to discover projects with potential in the altcoin market.
