The currencies that rose in the first wave, such as DOGE, SOL, SUI, GRASS, and PEPE, performed relatively weakly in the second wave.
The main force of the second wave is some "old zombie coins", such as XRP, XLM, IOTA, CRV, and EOS. These currencies usually explode in the later stage of the market. Although they did not perform significantly before, they suddenly ushered in a wave of gains at a certain node.
If the MEME market is also included, the starting point is basically in the second half of the first wave. Some currencies in the second wave failed to keep up and may become new protagonists in the next cycle.
Interestingly, ETH can be seen at the end of each wave of the market. It seems that it can always return at a certain stage of the bull market and play an important role.
