Why is the MEME sector so popular?
Mainly because the behavior of venture capital (VC) in the market is extremely exploitative. In the past, it was relatively easy to make money in the crypto space; typically, the daily volatility could reach 40% to 50%. Projects like SM would also provide some investors with low-priced tokens in advance.
However, the current market situation is vastly different, and such opportunities no longer exist. What remains is a constant unlocking and dumping of tokens, and the game has completely changed. This year, the difficulty for retail investors to make money has reached unprecedented heights.
In contrast, the MEME sector appears relatively fair. Its token liquidity is higher, allowing retail investors to at least participate in the creation of tokens and the process of market capitalization discovery, significantly increasing the potential for profit. Even when market manipulators emerge, they tend to do so later in the process and do not impede the rise of MEME tokens; instead, they might bring more positive news.
Therefore, many people choose to participate in MEME, and that's it.