So far in this round of bull market, we can feel the lack of innovation. Except for the BRC20 in the East, which has a little sense of "innovation", there is basically no innovation in other projects.

So the BTC ETF that originally drove the market did not bring vitality to the Shanzhai. Shanzhai itself has huge traps to be unlocked. The underlying logic is that more people, especially VCs and project parties, have realized the low value of other coins besides Bitcoin.

So everyone knows the low value + there are many such projects waiting for people to buy. The market is even more willing to participate in pure PVP gambling on SOL rather than buying Shanzhai coins.