What do you think of the cottage market next?

I think the valuation logic of cottage needs to be redefined. This decline is a very natural and good phenomenon. With high FDV and low circulation, it will fall to a reasonable and not so expensive range of FDV. Why does "value coin" underperform meme? In essence, it is still too expensive. In the short term, I think the market will shift to real hard consensus (such as BTC) or hard value income (such as LDO, 13x P/E).

New or sub-new coins will experience a round of value reshaping (falling cheap), product iteration growth, and a period of bottoming out and washing and changing chips, and some stars will still appear in the form of differentiation. As for the general rise, it depends on whether BTC can reach a high enough level, and the market has enough pull/new product/FOMO to attract enough liquidity outside the circle. The market value of the top 100 meme coins is not small, and it is expected that they will still be used as a barometer of sentiment and the best speculative tool.

Just a reminder, if your copycat is stuck, if the short-term market rebounds from oversold, pay attention to reducing or clearing your position and wait and see how the market develops. Unless you firmly believe in its value and market maker, there is no need to make yourself so uneasy and anxious. #fdv