Do you remember last month when sentiment hit a historic low and everyone was collectively bearish on memecoin? In the blink of an eye, on the first day of the new year, memecoin has once again become the top gainer in the market, completely crushing those tokens focused on practical utility. Ironically, although these utility tokens claim to have real applications… in the face of market rotations, the story doesn't seem to be as valuable. Market sentiment is just like that, cyclically playing out this drama again and again.