This round is completely different from the previous round. The last round was driven by innovation within the currency circle, so we see that defi-nft-chain games-stable are all native to the currency circle.

This round is a bull market caused by changes in the external environment. The driving point is ETF, so we see that the most awesome thing is AI, and then meme. Why is Pepe the leader instead of others? This is very important.

My personal feeling is that I will continue to play projects that are not so crypto-centric.

In addition to meme and AI this round, the only one that outperformed the market was btc eco, which was driven internally by the currency circle.

This is a thread of logic that may play out over several months.