The sectors are rotating, usually undergoing a long period of consolidation, followed by a sudden surge; now is the time to test on-chain memecoins, many coins have already plummeted, and it's a good opportunity to look for strong consensus memes that are community-driven to buy the dip;
I wonder why old coins are collectively reviving and surging? Let's ponder the reasons:
1. Old coins have strong financial backing; many project teams raised substantial funds in their early stages, so they're not short on money;
2. Coupled with strong control over the market, the bottom chips are all in their hands;
3. More importantly, they benefit from the early blockchain dividends, holding early btc, eth, and other old coins with solid financial foundations;
4. They are listed on major exchanges around the world, with large traffic, so they can pump or dump at will.