MeMe collapses, all things are born.
This round of decline did not target most altcoins, and many altcoins are still above the bottom position of the last three months.
The collapse of MeMe is something that can be anticipated, as it has been repeatedly pointed out that the market capitalization of the MeMe sector is too large. Over the past month, many MeMe coins have fallen from a market cap of 1.5 to 3 billion USD.
Funds were allocated to application coins before the start of Sui, and honestly, from either the posts or the group, I didn't feel much. After this wave of increase, I believe there will be a pullback. People who pay attention to me and those in the group did not chase after the high MeMe coins, but focused on the coins held by most people: ONDO, Sui, CETUS, USTC, CRV, LDO, HBAR, POL, OP, etc.
Having avoided chasing high prices in the secondary market for MeMe is a stroke of luck amidst misfortune. The next year also marks the season for VC coins to unlock, and a large amount of capital that has been plundered by MeMe will be reflected in value coins.
I don't know why most big influencers dislike value coins, but I know that most VC's coins have not yet reached the unlocking window period.~
Capital is a cycle, no feeling~