Total 3 is just a bit short of ATH (total3 is the total market capitalization of encryption excluding BTC, ETH, and stablecoins), but others need to rise by 50% to reach new highs.
It seems that the altcoin season has arrived, but it is happening with high market capitalization tokens like XRP, BNB, and SOL. Many altcoins are still far from their previous highs. This round of secondary trading strategies should avoid targeting assets that are very long-tail and have niche angles. This is because the breadth of rotation will be much poorer than before.

Last night I increased the position on $bonk, reason see the picture.
However, there is a divergence point here: after bonk flips the pump, does it soar to the sky or is it suppressed in valuation by the pump?
I am still bullish for the time being. Essentially, from the perspective of token models and teams, pump and bonk are almost two different types of projects.
The on-chain environment is gradually warming up, whether it's the hot topic of Musk's #ANI or the conspiracy coin memecoin, both are emerging from bonk, which means they are fully ahead from the track to the local area, and there's

Recently, the value discovery has been too fast. Unfortunately, I missed gains on some. $SPK!

The day before yesterday CFX and today SPK both have a 70% daily rate.
The only blunder was $kaito, I originally wanted to take advantage of a launchpad benefit, but ended up pulling a big one, resulting in a small loss to stop out.

Some data sharing and thoughts on the launchpad track
The total revenue of the launchpad sector in a year is approximately 700-800 million.
$pump has been around for more than a year now; aside from the initial few months when it hadn't gained momentum, the approximate revenue is 700-800 million.
From the image below, it can also be seen that bonk and pump are actually engaged in stock competition. The income of the entire sector is related to the overall market trend, related to stage hot products, and has little to do with how many launchpad projects are in the race.
In other words, if the c