Since the launch of $goat, the entire meme market has undergone a significant style shift. Most of the logos that have emerged in this wave come from institutions or strong players, such as $ai16z, $ban, $wood, and $cheems.
Compared to the second wave of inscriptions in November last year, this meme wave is mainly dominated by overseas markets, so the cycle is clearly going to be longer. In contrast, community-led and narrative-led cycles seem to be shorter; currently, it appears that only $luce and $koma are showing long-term viability.