Is the secondary market spot trading down 16% month-on-month? This is only reflected in the data from the top ten centralized exchanges, but those trading spot this year are still very active on-chain!
There are almost daily memes trending on-chain, mainly on Solana; BSC still needs to improve. If there are issues with the pools, how can we expect people to participate? The volatility on centralized exchanges is still too low; aside from some news about projects like om act that have run away, there is hardly any excitement. On-chain, users have the potential for several times returns; four.meme and pump.fun see a large number of memes created every day. Moreover, those involved in the secondary market spot contracts have already started issuing tokens. The Chinese market is still primarily focused on creating liquidity aggregation on platforms like slerf.tools. Ultimately, it depends on the market's strategies to provide users with opportunities for hundredfold returns.