Compared to the previous NFT bull market, this round of "finding angles" is a bit lacking. Stars like Jay Chou, Stephen Chow, and Yi Nengjing are all issuing NFPs. This round's MEME is like Elon Musk's early circle of friends.
In fact, this round is somewhat similar to the capital influx wave for SOL at the beginning of the year, where projects posted by people followed by the BOME founder ended up doing well. As long as the project is reasonably well-made, it's easy to raise several thousand SOL.
This also indicates that this track is heading downhill. I believe that if the next track for SOLANA isn't impressive enough, it might fade away like those AI imitations and artworks—coming quickly and leaving just as fast.
Another point is whether Binance will continue to support MEME. I think it depends on whether any coins emerge. The logic for listing coins is basically about grabbing users and transferring fees, but currently, it seems that the MEME model like this isn't sustainable. Therefore, Mu Mu believes that this period should not see further developments (but if there are different opinions, feel free to leave a comment), unless we get another top narrative like GOAT with a top-tier background.
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