The biggest hot spot in the recent blockchain market is nothing more than the former US President and current presidential candidate Donald Trump's public support for the blockchain market, and the US government's approval of the ETF application, which has led to a surge in ETH-related altcoins and a surge in Trump-related MEMECOIN.

But as you can see, these gains are not long-lasting. For the cryptocurrency market, they are more like a flash in the pan rather than an investment benchmark like PEPE.

As Twitter influencer Daan Crypto Trades put it:
It’s been a while since a big new project and founder has taken center stage and become the new protagonists.
Usually these things come out at this point in the cycle. For example, last cycle we had Do Kwon and $LUNA. Also, Sam and the 3AC guys are pretty famous.
So far, this cycle has been more about Twitter users than project/company founders.
Watch for a cult following to form in some of the new shiny projects during this cycle. These things usually perform very well. Preferably some L1/L2 or “pioneering” protocol that can live up to the dream and compete for a top 10 market cap spot.

For this cycle, we also have some groundbreaking agreements, such as
404 Token Conversion Protocol to Solve NFT Liquidity Problem
The 314 agreement aims to solve the problem of high Ethereum GAS fees
RGB++ based on the whole chain ecosystem
But these technologies have been shelved for various reasons.
The fundamental reason is that so far, no project party has been able to fully implement and apply its own design, and there is no formal organization to endorse and provide financial support.
The big KOLs and VCs who are constantly making profits have worn out the nerves of all cryptocurrency investors.
That's why everyone turns their attention to MEMECOIN and makes a living by relying on emotions.
But everyone does not want to admit that they are gambling in MEMECOIN, so they add various concepts to MEMECOIN, such as BTC is MEMECOIN and MEMECOIN is the future.
But is MEMECOIN really the future? I think those who shout slogans know better than us that MEMECOIN is dog shit wrapped in chocolate. When you put it in your mouth, the chocolate skin is on the outside, and when you chew it, the shit juice will explode in your mouth.
So everyone is afraid to take a closer look at MEMECOIN.
For current investors in the cryptocurrency world, I think what we mainly need to do is to look for those certain, technologically proven, and well-backed low-valuation, low-profile projects.
This way we won’t miss out on the next blockchain trend and opportunity.
But most importantly
Remember, do your own searching!
Remenber, DYOR!

By Futher Modi

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