🛑Transformation in the Crypto Market: The Rise of Memecoins and the Challenge of DeFi

There are some distinct trends observed in the recent crypto market. Among these trends, the airdrop and Point programs of top-level protocols, the hasty token sales and TGEs of Tier-2 protocols, the inclusion of memecoins among important commodities, and the inclusion of TON norms into the ecosystem are noteworthy.

There are some DeFi protocols that are clearly related to these trends and are showing good growth. The installation available on the market can be summarized as follows:

1. Bitcoin and Ethereum Earnings: The earnings of these major cryptocurrencies are only partially transferred to other crypto assets.

2. Commodities and Investment Trends: Earnings are often reinvested into new tokens or memecoins or locked in new protocols to collect Points.

3. Status of DeFi Protocols: Most DeFi protocols are not experiencing any price movement, causing their owners to lose hope.

4. Post-TGE Situation: A small number of new protocols can enter an upward trend due to selling pressure from airdrop buyers and lack of fresh capital. Others cannot move, like $ZK and $ZRO ..

5. Altcoins: Altcoins continue to bleed in the market.

6. Memecoin Craze: The Memecoin craze is attracting more and more investors, causing potential new capital to move away from DeFi tokens. I'm not talking about $PEPE

This shows that there is a significant shift in the crypto market and investors should reconsider their strategies. The shift in profits from major crypto assets to more speculative investments such as new tokens and memecoins is creating instability in the market. But this will be fixed soon..