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Alpha Points
NEW
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Customized wealth management empowers your assets growth
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Top asset management team helps you profit without hassle
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On-chain liquidity has recently shown signs of warming up. According to historical patterns, around Christmas time, narratives with a market cap of around 50 million often emerge.
There have indeed been recent developments. Pepe creator Matt Furie released a derivative character of Pepe, and as soon as this news broke, the on-chain activity exploded. Market sentiment soared, and various follow-up projects jumped on the hype.
Interestingly, the projects that traders are truly paying attention to are quite different. On the Solana ecosystem, there is a token called $BEPE. However, to be honest, its current market cap is only around 2 million, which is still far from the expected 50 million narrative token. How this project performs and what the future holds still remains to be seen.