There are four types of memes in the circle of cookies:
The first type is the memes that like to pretend and succeed, such as BTC, ETH, Sol and the like;
The second type is the memes that don’t even pretend, such as PEPE, WIF and the like;
The third type is the memes that try to pretend but fail to pretend, and are neither high nor low, such as BCH, LTC, EOS and the like;
The fourth type is the memes that jump back and forth between pretending and not pretending, such as DOGE, WLD and the like.