So far, this round is called a bull market where no one takes over:

Institutions are running the show, chain-level narrative, 1 billion valuation, and the listing unlocks the sale of coins, but retail investors do not take it.

Brc20 is issued fairly, and retail investors have high-intensity execution to speculate on high targets. There is no time and space for the bottom to accommodate big money, so institutions do not take it.

The coins supported by Bn are not listed on OK, and the coins supported by OK are not listed on BN. Each of them has its own mountain and each finds its own thugs. Everyone has a lot of projects in their hands, and the exchanges do not take over each other.

The East plays with inscriptions, and the West rushes to depin. Now the West starts to rush to inscriptions and runes, and the East forms L2 again. The East and the West do not take over each other.

Advocating playing new instead of old, the old market is difficult to support alone, and the new market is not yet mature. Imitation markets are pouring in, and the new and old do not take over each other.

Stock game, experienced in the battlefield, both are very smart, and those who remain are elites.