Market Sentiment Has Been a Rollercoaster Lately Even Meme Traders Are Quiet

[Findingnemo]

Discussions around meme coins have been pretty quiet lately, with the market still in a downtrend. Many traders are shifting their focus to DeFi projects and testnet airdrops, while others are starting to see the value in long-term investments with real utility. Even CZ pointed out that we’ve been too focused on quick gains and should start prioritizing projects built for the long run.

Market is in downfall and most users are liquidated so they are just uncertain of what to do now.

This again proves that everything on the crypto space revolves around Bitcoin only so we just have to wait for the Bitcoin to show some signs. Nothing positive yet but hopefully the green days will be back very soon.

[TomPluz]

Even CZ pointed out that we’ve been too focused on quick gains and should start prioritizing projects built for the long run.

I guess this is about time that the market should really shift its focus away from the many worthless memecoins and into projects that are bringing needed innovations which can impact the future and viability of the industry. When the market is down, that can be the time when investors will realize that they made the wrong focus on projects based on just hypes and into something that can last for many generations. And if there is anything that can come good out of the bear season it would be the realization that we should be looking for value more than anything else. Now, am just wondering...does it mean that memecoin craze is getting over?

[omori]

Market is in downfall and most users are liquidated so they are just uncertain of what to do now.

This again proves that everything on the crypto space revolves around Bitcoin only so we just have to wait for the Bitcoin to show some signs. Nothing positive yet but hopefully the green days will be back very soon.

I would only say this: the liquidity will start to pour back eventually, we just don't know when.
For now, we will see the aftermath of the reserves not being propelled enough.