Recently, the crypto assets market has shown signs of recovery, with Ether performing particularly well. Thanks to factors such as technological upgrades, continuous buying of ETFs, and a prosperous on-chain ecosystem, the price of Ether has continued to rise, which has also driven the revival of Memecoins within its ecosystem.
Compared to Ethereum, the established second-tier Memecoins and AI-related tokens in the Solana ecosystem have also generally risen, but the pace of the primary market has become increasingly fast. Due to the lack of more narrative support, coupled with continuous selling pressure in the upper market and constant draining in the lower market, ordinary investors have fewer opportunities to profit in the ecosystem. Only the Bonk system continues to launch new projects, but it is difficult to hold the overall situation alone.
In the Ethereum ecosystem, the concept represented by Matt Furie’s Pepe has risen again. As one of the most well-known Memes, Pepe leads in market capitalization, capital inflow, and rise compared to this round of ETH Mem.