#数字资产行情上升 Investor sentiment has truly changed over the past two years. Once, $PNUT could reach a market cap of over 2 billion, the $GOAT in the Solana ecosystem also stabilized in the 1 billion range, and even meme coins related to politics like $TRUMP could support a market cap of tens of billions. But now? A spot meme coin with an appealing name has just broken through 200 million in market cap, and still no one has truly stepped in.

What does this indicate? People are indeed more cautious about getting caught. In the past, everyone rushed into new concepts; now, they have to think twice—without real use cases to support it, no matter how enticing the narrative, they need to observe more. The lessons learned from being exploited are teaching these investors to think about the underlying logic. Perhaps this is a sign of market maturity?