Personal feelings:
Many people say that there will be no alt season, only meme and AI. They do not oppose the rise of meme, but meme is definitely not the future. The thoughts are as follows:
1. The essence of the alt season is that after the market value space of BTC and ETH is opened up after the rise, liquidity is overflowing, emotional bubbles, and the dealers take the opportunity to pull the market and sell to make money. The multi-dimensional effect, first, the market value space is opened up after ETH is pulled up. If ETH reaches 2 trillion, then as an ETH ecosystem, reaching 200 billion is not a high valuation, right? In addition, the bull market leverage and the influx of foreign funds make the funds sufficient, which brings convenience to the dealer's pull, and it is easy to form a joint force to jointly hit the valuation very high. It is not a lie to change beliefs with a positive line.
2. What is the essence of meme? It is the harvest of the dealer, or the linkage of multiple dealers. No one really thinks that decentralization can pull the market. Pulling the market is a professional job. It is not enough to have funds. It requires the cooperation of the project party, media resources, and market makers. Otherwise, you can just issue a decentralized coin and try it.
3. But if all projects join meme, then the future of web3 is worrying. It will become a playground for dealers and a meat grinder for retail investors. Although many projects in the currency circle currently feel like space, their values are still based on application and innovation, but meme is really air.
4. Although we have been cut by VC and project parties, there are indeed many innovative applications emerging, such as uni, opensea, and pendle. If all project parties pursue meme, then the currency circle has no future and no chance to enter the public eye. In the future, you may make money as long as you have money, just issue a coin and keep pulling it.
5. You don’t think that meme coins don’t cut people, in fact, all projects cut people, but we are tired of the so-called high-valued cutting of value coins. In my eyes, except for BTC and ETH, any other project party is a sickle.
