It is well known that the meme coins on the SOL chain have previously experienced a period of extremely high popularity.
At that time, many stories of getting rich quickly circulated widely in the market, acting as a catalyst that pushed the trend-following sentiment to its peak, making the entire market flock to the meme coins of the SOL chain.
However, at this stage, this craze has entered a cooling phase, with many related coins experiencing a noticeable downward trend in prices.
But it is worth noting that the current moment is actually a relatively ideal time, suitable for gradually purchasing those popular coins that have long-term development narratives and are in potential tracks.
Take SOL coin as an example; its price has now reached a position near its historical high.
From the development patterns of past bull markets and the performance of various public chains, it is highly likely that SOL coin will become the first large-cap public chain coin to break through its historical high in the last bull market.
By the way, let me mention the situation with Ethereum; currently, it is still over 1500 dollars away from its historical high, and to reach its historical high, it would need to achieve a rise of more than 40%😀😀😀
