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The Meme coin ecosystem is experiencing a new wave of recovery. White Whale surpassing the $100 million mark signals the reactivation of market narratives — this is not a coincidence, but a sign.
Recently, one or two new narratives with millions of dollars in scale have emerged every day. Trading volume is climbing out of the trough, and market depth has significantly improved. The core phenomenon reflected behind these data is: retail funds are re-entering the market.
From technical indicators to on-chain activity, all signals point in the same direction — market participation is on the rise. Meme coins, as a barometer of market sentiment, usually lead mainstream assets. When you see trading volume and the frequency of new project launches for such assets increasing, it indicates that market risk appetite is changing.