Each bull market now seems to be getting more and more decentralized:
The 2017 bull market was driven by ICOs, with one main focus: I, the project owner, make money. You can raise a lot of ETH by posting a text description in the WeChat group.
The 20-year bull market was driven by DEFI. The project team created LP pools on various SWAPs to issue coins in various ways.
This round, the main focus is "FAIR", various Fair Launches, I would rather burn GAS on BRC20 and give it to miners, or burn it on various fake JB chains, rather than give it to the project side. It can be said to be truly decentralized.