I was just counting the recent popular market value data and found something meaningful:
(i) In the past, the GAS fee on the ETH chain was high, but when the money-making effect was good, some big golden dogs appeared;
(ii) SOL reduced the transaction cost on the chain, and also created a large wave of golden dogs;
(iii) After the popularity of PUMP, most of the funds were in the young PVP in the internal market stage, and most of the coins could not be launched. After launching, many of them were one-wave flows;
The cost of issuing coins is getting lower and lower, but the threshold for making money is getting higher and higher. This is not a good phenomenon
