Rather than saying that there is a flourishing of all kinds of things, it is better to say that there is no innovation in this round of market, and it is all fork coin issuance and cashing out.
In the last round of public chains, there were EOS and DOT, and this round there are countless APT, SUI, SEI, TIA, and TON.
In the last round of L2, there were ARB and OP, and this round there are countless ZKFair, MANTA, STRK, BLAST, LINEA, ZKS, MODE, SCROLL, KARAK, BOUNCEBIT, and MERL.
In the last round of MEME, there was SHIB, and this round there are countless PEPE, WIF, BOME, SLERF, BONK, ORDI, RATS, and SATS.
Come with inscriptions, and there will be runes, BRC420, and RGB++.
Come with Restaking, and there will be ETHFI, RENZO, PUFFER, EIGENPIE, SWELL, and KELP.
There is no need to say much about other sub-sectors. They all follow similar templates, tell similar stories, and have similar so-called working teams, doing projects that are worthless and meaningless. 99% of the project parties are purely profit-driven sickles, using this to issue coins and cut leeks.
