Sold off some of my memecoin positions, just kept a few relatively stable ones! Mainly because this market is so damn frustrating. $BTC is leading the entire crypto space down every day. Although the meme sector isn’t heavily affected, it’s still shrinking the upper limit of on-chain liquidity. Many projects that could’ve hit millions are now stuck at hundreds of thousands, and those that could’ve reached tens of millions are now capped at a few million. I guess Binance hasn’t been listing new memecoins (Alpha) lately for this reason. Even if they list them, they won’t pump much and will just get criticized. The AI season on BSC can only be described as bad timing—it got snuffed out by the overall market before it even started. One comforting thing is that playing memecoins is at least better than playing altcoins. Altcoins just keep dropping, while memecoins still have a chance to bounce back after a dip. For example, 潜龙勿用, HODLAI, SYNTH, and EZCTO are way more stable than those crappy altcoins. I’m not touching old projects anymore. For new ones, I’m in and out on the same day. In the past two days, BSC only launched one project, GIFTS, which barely crossed the million mark. Liquidity and activity are clearly not what they used to be. When the market is bad, try not to guess the bottom. Move less, observe more, and focus on stability. Wait for clear signs of recovery before jumping in to buy the dip.