In Coingecko's 2024 top growth list, 50% of projects are memecoins
• $ETH holders are definitely the most disappointed group, when most people choose ETH instead of $BTC due to growth performance expectations, but BTC grew 3 times faster than ETH and the figure of 53.41% is much worse than the general market level.
• In my opinion, the market is in the stage of finding new trends to confirm the uptrend, DeSci is the next story, but I feel that academic technologies like DeSci will have difficulty becoming a big trend because they are difficult to reach many people and have not gained trust.
• Memecoin accounts for 50% for a reason, as it reflects the nature of crypto well: fast pump and dump, easy to access, easy to recognize, high growth expectations,...
What do you think will be the trend to bring the market back to life, comment below 👇