I took a look at the stagnant secondary market

Every rebound is still led by meme coins

I increasingly feel that this market lacks any interest

There is no innovation or new narratives based on fundamentals

Reflecting on trading coins now, I actually miss 2021

In 2021, everyone was still focused on fundamentals, and some were seriously analyzing projects

The monthly slot auctions of DOT (Polkadot), GMX's Web3 chain games, FIL's storage narrative, UNI's decentralized exchange, the competition between lending protocols AAVE and COMP, the public chain battles of AVAX, SOL, ETH, and FTM, the competition among platform coins like BNB, FTT, OKB, MX, and LUNA's decentralized stablecoin protocol—these narratives and innovations made the bull market of 2021 particularly lively. Everyone believed this industry was thriving, constantly innovating, and developing positively.

Back then, when selecting coins, people chose tracks and leaders, with reasons and evidence, all believing that the future of blockchain was bright and full of possibilities.

However, now, apart from memes, this market is still just memes, mindlessly shouting bullish, which makes people a bit fatigued, and we can't see the future.