After the rise of old coins like XLM, XRP, and ADA, many old coins have started to follow suit. HBAR is close to a tenfold increase, and TRX was also nearing a doubling yesterday. Once dormant coins like ORDI, SATS, and RATS have also begun to rebound.
The first wave of this altcoin market was led by DOGE's MEME coin trend, followed closely by old coins like XLM, XRP, ADA, and HBAR joining the upward movement. The current MEME coin trend has experienced some pullback and has temporarily entered an adjustment phase, which may take some time to continue.
Meanwhile, coins related to AI Agents are still on the rise. It is expected that after the momentum of the above coins slows down, newly launched coins may become the next hotspot, especially in areas like Gaming, RWA, and the BTC ecosystem.
The essence of this bull market is similar to previous ones, still following a sector rotation model, with various coins rising in turn at different stages.
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