Isn't it especially nostalgic for the altcoin season of 2023?

That year was a feast for the market, with both primary and secondary markets booming.

The secondary market included: wld, imx, cfx, sei, tia, ssv, pendle, sui, and other coins with over 10x returns.

The primary market had: wif, pepe, Bome, and more.

What has happened this year?

It's hard to recall any notable projects, right?

I can clearly feel the exhaustion of the altcoin market; this is the first time I've felt this way since 2017.

Now, many projects are just stitching together old narratives, rehashing old ideas.

The industry lacks various forms of 'new' momentum, and a bottleneck effect is spreading in the crypto circle.

The altcoin season of 2023 is uncertain whether it can be replicated.

But I know that no destruction, no creation; perhaps hope is always born from despair.