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The situation for BSC memes is even more dismal: CZ Dog and MUB, which were once extremely popular memes, now only have a market capitalization of 20-30 million. Ironically, even latecomers like RATS are worth more than them. What does this indicate?
In the world of memes, freshness is everything. Although new coins still maintain a high market capitalization, it's only because they haven't had the time to complete their 99% decline journey. DYM, ACE, TIA—these top performers that have completed a 99% decline within a year show us through their actions: in the face of new coins, the slow decline of old coins seems gentle. Is this really a bear market?
This is a great purge, a massacre.
If you have been frequently trading altcoins, still researching fundamentals, still believing in project roadmaps, and still trying to catch the bottom during these two years, it can only mean that you are a warrior!