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This round of BSC's #memecoin on-chain meme has temporarily come to an end, but that doesn't mean it's over! The recent decline reflects a broader market downturn, not just affecting BSC's market capitalization. SOL's overall liquidity is also shrinking. Things tend to reverse at their extremes. The previous AI hype surrounding SOL and the BSC "Queen of the Market" frenzy were too intense; the market can't stay crazy forever. It's time for some calm. The Alpha hashtags and other similar themes the other night were likely signals of BSC's final profit-taking. However, don't worry. In the crypto, memes only cycle; they don't remain dormant forever. This round ends, and the next one begins. Binance always seems to be stirring things up. When everyone thinks BSC is hopeless, the two "Queens of the Market" will reappear to promote it, and Alpha will restart. Currently, it's advisable to avoid focusing too much on older BSC projects, especially those already listed on Alpha. On-Chain meme, new trends are more important than old ones. New concepts will definitely emerge in the new cycle. When playing the second phase, prioritize SOL projects with a market capitalization of over one million. Don't blindly buy the dips; wait for a clear rebound signal before entering the market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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