$BTC
Current altcoins are indeed too sensitive. As soon as the market pulls back a little, they immediately follow suit and drop. The major coins that were once praised to the heavens are no longer targets for large funds; many people who once traded these coins have already switched to on-chain activities.
Essentially, these new meme coins on-chain are not much different from the major altcoins of the past; they have simply replaced sophisticated packaging with a rougher and wilder emotional approach. Moreover, this round of the altcoin market is already halfway through; the real explosive period that drove people crazy has long been noted in new themes such as meme coins, AI tool coins, inscriptions, and runes, with many projects experiencing hundredfold or even thousandfold increases.