Avax will continue to rise. All applications on RWA will be carried out on Avax. I hold 100,000 U in contract and 8 WU in spot, totaling 18 WU of Avax.

AVAX still has a long way to go. The AVAX project team has accumulated a large amount of chips in the exchange, and currently, there are no signs of unloading. The upgrade of the public chain is the biggest positive, so this wave continues to look bullish.

This wave must be pushed to the point where everyone in the market is FOMOing; only then will the AVAX project team's objectives be achieved. However, the current increase is far from enough; yesterday was just a cleanup of high-leverage players in altcoins.

Let's talk about meme coins. Many have risen recently, but everyone is not excited because the coins that have risen are not only absent from your portfolio, but you may also have been caught in meme traps, resulting in some losses.

It's just the right time to discuss my judgment during this pullback. Personally, I feel that the meme cycle has not ended. What you are seeing is a pullback, but you have not yet seen how much it has bottomed out. I believe the hype around memes is probably at a mid-stage; in the second half, BN might announce a few more meme coins, which could lead to a frenzied later stage.

First, let's analyze the essence: the more numerous they are, the worse the consensus from the secondary market on this track will be; this will not change. Old coins or those that cannot show significant gains will be quickly forgotten and abandoned by the market, so the offspring of the first half of the year have performed mediocrely and are lingering.

Why are new things impressive? Lowercase, goat, it’s because we, as secondary market traders, are buying in large quantities. Relying solely on holders won’t create space; there must be consensus. Continuous listings will definitely reduce trading desire in the secondary market, which is also the reason for the recent sharp pullback, similar to L2, but meme coins are far better than L2.

However, it does not affect us. After those things that were never hyped before are speculated on, we can continue to pick up the meme coins that have returned to their prices for the second half of the speculation. Those who have traded meme coins know their elasticity, the amplitude is large, and the depth is profound. Weak to strong can change in an instant.