最新报道:According to Bijie.com, on September 24th, Smart Money and crypto influencer 0xsun.sol (@0xSunNFT) published a post stating that market cycles are cyclical. Last year, due to overly high opening valuations and the selling pressure caused by the continuous unlocking of tokens, VC coins became a near-universal target. On-chain meme coins, with their advantages of full circulation and the opportunity to enter at a low price, became the market's focus. However, as the meme coin narrative lacked novelty, the ceiling remained difficult to break, and on-chain liquidity declined, the market trend gradually shifted towards VC projects with real applications, impressive revenue, or high control, low circulation, and strong backgrounds. For retail investors, the most important concern is the wealth effect. As long as there is self-consistent positive news and a solid market pump, the market will not reject such projects.