In the early stages of a bull market, altcoins are always slow. The explosion of memes is partly due to trending narratives and also to attract new retail investors into the market. However, the purpose of value altcoins is still to harvest retail investors. Therefore, memes make money quickly, and in summary, most people choose memes because they will be harvested. But after the first wave of memes, the market will experience a correction. When greed turns into fear, value altcoins may gradually start to emerge.