In fact, the general rise of copycats in 2021 was not that big. The rise of several times or even dozens of times was only concentrated in individual tracks, mainly in new public chains, games, metaverse, and MEME. And DEFI was just crazy for a while and then it ended. In the second half of the year, DEFI pretended to be dead. Of course, it does not mean that DeFi has no money-making opportunities, but the big money-making opportunities are in public chains, games, metaverse, and meme.

In the early 2023, the big opportunities for growth were in public chains, AI, and MEME. PEPE was born at that time. Then the hype of metaverse and games has gradually cooled down. Of course, it is not that there are no money-making opportunities.

From the end of 2023 to the beginning of this year, the big opportunities for growth were in AI, public chains, MEME. Remember wif and bonk? They were born at that time. And DeFi, that is, Pendle, rose sharply, and the others performed mediocrely. At this time, the metaverse has passed, and the game has only risen slightly.

This wave we are experiencing now. I don’t need to say more. So in Q1 next year, if a big market is expected, with a big increase without water release, liquidity and market hot money will still be new old chains, AI, and MEME.

Of course, there are also new concept tracks, such as RWA, Depin, etc., such as AI+meme, such as AI+Depin, etc. As for others, there are still opportunities for bands, that's it.