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Yesterday, Ethereum experienced a strong surge, and market sentiment clearly warmed up. There is an interesting pattern behind this trend worth noting—whenever Ethereum enters an upward cycle, the MEME coin ecosystem often experiences a wave of coordinated gains.
Looking back at the historical data over the past year, this phenomenon is quite evident. During the early stages when Ethereum had not yet shown significant strength, some active MEME coins already experienced 30-100x fluctuations. What does this reflect? It indicates that market consensus around the MEME ecosystem is gradually building.
The current strong performance of Ethereum suggests that both market liquidity and risk appetite are increasing. In such an environment, MEME coins, as carriers of community consensus and culture, often become targets for capital chasing. There are many cases in history where coins went from obscurity to explosive growth, all stemming from a key factor: a solid foundation of consensus.
However, it must be honestly said that the world of MEME coins is indeed full of uncertainties. Consensus can form quickly but can also disintegrate in an instant. So if you are paying attention to this field, the focus should not be on predicting where the next "miracle" will appear, but on understanding what drives the value fluctuations of these coins—market sentiment, trading volume, community activity—these factors often explain short-term price behavior better than technical indicators.
From a macro perspective, when major cryptocurrencies like Ethereum rise, the entire crypto ecosystem's participation increases. At such times, various tokens face a chance for revaluation. MEME coins are no exception; their performance often serves as a barometer of market risk appetite.
Overall, the current market is indeed a stage worth observing. But any investment decision should be based on a thorough understanding of risks, rather than mere emotional chasing. The long-term logic of the market is often more worth studying than short-term gains.