This round of bull market is completely different from the previous one. In the previous round, there was NFT hype, which distracted retail investors from meme coins.
But so far in this round of bull market, no asset or story is more suitable than meme coins to create a myth of getting rich quickly and attract new leeks to enter the market.
In other words, the burden of attracting newcomers to enter the market in this round of bull market will be completely placed on meme coins.
