Does the concept of shanzhai season still exist? What do I usually think of as a knockoff season? Only when 75% of the top 50 altcoins outperform Bitcoin within a three-month period can it constitute the traditional altcoin season. Although altcoins rose twice in March 2024 and January 2025, they did not form a sustained market trend!!! Why do I have the question of whether there is still a knockoff season 1. The institutional entry brought by spot ETFs is diverting funds from counterfeit currencies. 2. The funds that should have been injected into altcoins were because http://Pump.fun With the development of on chain platforms, speculative funds have turned to meme coins on a large scale. Retail investors in this game are more likely to experience asset halving or even zero, falling into the trap of liquidity This round of shanzhai season is more like a shanzhai season with sector rotation, where different shanzhai sectors have formed different valuations, and it is highly unlikely that the overall characteristic of "rising and falling together" will occur again! Brothers, which sector do you think this knockoff season will erupt in?