The current market is quietly changing its playstyle. VCs are no longer satisfied with merely profiting from the secondary market; instead, they are choosing to personally lead first-tier projects in 'VC+MEME' or 'VC+AI', controlling the market to raise excitement, quickly harvesting profits, and retreating swiftly, with a pace that is overwhelming.
Especially in the Solana ecosystem, the space for storytelling is becoming increasingly narrow, and market manipulation has evidently become the main theme. Once imaginative pure MEME projects are now compressed by high-frequency liquidity operations, with market cycles coming one after another, yet the window of opportunity for retail investors is shrinking.
Looking back at history, the 2017 bull market was driven by exchanges creating wealth myths, but as this cycle enters its second half, on-chain capital has become the protagonist, with hotspots constantly rotating—from TON to AI to MEME—each wave appears trendy, but in reality, it is merely a replication of old tactics.
Especially in the AI sector, despite the banner of technological innovation, the core logic of many projects remains to attract traffic through hot topics, then create a narrative to build buying sentiment—seemingly technology-driven, but fundamentally a MEME logic.
In the face of this situation, investors need to be particularly vigilant. No matter how big the opportunity seems, do not act blindly and impulsively; often hidden beneath the excitement are the shrewd layouts of early capital and the 'fate of retail investors buying in'.
