Recently played with some local dogs for a while, and the result was mediocre. The angles were great, but they just couldn't perform. If the same angles were applied last year, it would have been easy to generate several tens of millions in market value. This still indicates that on-chain players currently lack confidence, and there are no major players participating.
Look at squirrels and hippos; back then, they ignited the zoo trend. As long as there was an angle with the animals, buying any of them could lead to profits.
Goat, ai16z, etc., back then sparked interest in AI; anything remotely related to AI would just skyrocket.
The current market still needs one or more leader-level figures to emerge and drive the entire sector; otherwise, on-chain memes remain lukewarm, with no potential for significant profits. Getting involved can only result in more losses than gains.