Some observations about the current market cycle:
Meme coins have played the role of DeFi in the last bull market during this round, attracting a large influx of new funds into the crypto market. Coins like DOGE and PNUT have successfully driven participation from many new users.
As the liquidity of meme coins gradually overflows, coupled with the shortening market cycles, the VC Coin sector has begun to enter a rotation phase, becoming a new investment hotspot.
Nonetheless, meme coins will still be a long-term theme, although the heat and attention of funds may gradually shift to other areas.