The current on-chain MEME market shows significant differences compared to the inscription market at the end of last year; the market environments of the two are entirely different and cannot be simply compared.

From a macro perspective, at the end of last year, the market was at the end stage of a tightening cycle, whereas now it is in the initial phase of a loosening cycle.

As a result, in the inscription market at the end of last year, there were very few projects with a market capitalization exceeding 100 million USD, at most only around 3.

In contrast, currently in the AI MEME sector, there are already more than 5 projects within this single sector that have surpassed a market capitalization of 100 million USD.

Looking at the changes in the participant demographics, the participants of the inscription market mostly gathered within the Chinese community, while the on-chain MEME market has now evolved into a large global market, with multiple trading volumes reaching 50M and above being quickly executed daily. Follow the official account: Coin Old Words, no waste in great skirts.

In summary, the current situation of the on-chain MEME market appears to be more vibrant, enthusiastic, and diverse compared to the past. Given this, it is undoubtedly a rare and optimal time that we should cherish and seize firmly.