Today's market performance can be viewed from the following aspects:
1. The rise of the old ecosystem led by DOGE: Today's market undoubtedly saw the traditional meme coins, spearheaded by DOGE, driving the momentum. The popularity of traditional meme coins like SHIB, BONK, and PEPE has also continued to heat up alongside DOGE's rise, with strong market reactions and trading volumes surpassing many mid-ecosystem projects.
2. Emerging ecosystems making their presence felt: Apart from traditional meme coins, the performance of some secondary and new ecosystem coins is also noteworthy, with astonishing growth and continuously increasing trading volumes, even surpassing some mid-ecosystem coins, demonstrating the market's strong interest in emerging coins.
3. Competition between AI and meme ecosystems: Although AI-related tokens and ecosystems have shown some performance to a certain extent, projects like Luce have also achieved significant success, and the potential of these meme coins cannot be ignored. The market's focus remains on SOL and meme coins, while AI-related coins may also be influenced by external factors such as Nvidia's earnings report behind today's launches.
4. Embracing and responding to market trends: The current development trend of the market indicates that meme coins remain mainstream, while the AI concept, although showing some performance, has not triggered greater gains like meme coins. In this context, if investors want to keep up with market trends, they should actively embrace the trend of meme coins instead of getting overly hung up on market capitalization. Given the current market situation, the total market capitalization of meme coins has reached 123 billion, which may seem lower than DOGE's market cap, but in reality, this price is not considered expensive.