Under the backdrop of adjustments in the main market and meme sector, the flow of funds has gradually shifted towards Ethereum ecosystem tokens and some less popular altcoins. Established altcoins like XRP, ADA, XLM, and EOS have shown particularly outstanding performance, with XRP re-entering the top three by market capitalization, reaching 250 billion USD.
After a long period of bottoming out, these tokens have no obvious hot concepts, retail investors hold relatively few coins, and the degree of control by major funds is quite high, thus making it easier to rally.
However, this also raises speculation about whether this means the altcoin bull market is about to come to an end. After all, Bitcoin, major coins, memes, Ethereum, and some lesser-known established coins have already gone through different rotations, and now these lesser-known established coins have also started to rise significantly, which may indicate that this round of rotation is approaching its end.
