The current shanzhai market main line is relatively clear, with high capital concentration, mainly revolving around the following points:
SUI ecosystem: $SUI strongly drives the overall rise of the ecosystem, with $CETUS as the core DEX, possessing liquidity and ecological positioning advantages. I believe it has the potential to replicate the trend of $RAY at the end of 2023.
SOL system tokens: The main narrative continues, with infrastructure projects such as $JUP, $RAY, $JTO, and $PYTH benefiting from SOL's strength.
AI sector: Exploding under the leadership of $TAO, the MCP concept activates a second spring for AI Agent. Small-cap projects like $AI16Z, $DARK, and $SWARMS show impressive gains, with rapid capital rotation.
Strong L1 rotation: Other mainstream public chains mainly focus on structural catch-up, with established L1 projects like $HBAR and $ADA benefiting from sector rotation, and capital gradually returning.
