Taiwan CPI Year-on-Year for May

This article analyzes the development characteristics of the Meme track in 2024, including the dissemination model of Meme coins, the rise of Launchpads platforms and their market strategies, pointing out that Meme coins have become pioneers in the development of the Blockchain ecosystem. It is expected that the Meme market will usher in a new round of rise, accompanied by more investment and support programs.

The Crypto Assets market exhibits cyclical rise, and the bull run is divided into four stages: fiat inflow into Bitcoin, the rise of large alts, attention to medium market capitalization projects, and the prevalence of meme coins. The rise of meme coins often signals the impending end of the bull run. The current market still has room for pump, but it may shift towards Real World Assets (RWA), becoming a new hotspot. Investors need to follow the flow of funds and market trends to formulate appropriate profit strategies.

Ethereum is currently facing a dilemma on both demand and supply fronts, as internal demand has failed to activate a new upsurge, and the deteriorating external market environment has led to a net outflow of ETH. At the same time, the transition from POW to POS has reduced the price support for ETH, intensifying sell pressure. In the future, it is necessary to reassess the economic model and ecological strategy to enhance demand and liquidity.