And that's the third day we are seeing this. Utility alts up, $BTC.D down, meme coins down. Maybe it's still coincidence, but that's 8 out of 8 randomly selected tickers, with even the most random ones, with a clear move up versus a clear move down on some randomly selected leading memes. PvE = $BTC.D down, utility up, memes down PvP = $BTC.D up, utility down, memes up Those are the rotation mechanics of this cycle. Like I have been saying for two years now almost every single month: not much will have changed this cycle, despite the ETF coming out (the ETF's only have a tiny fraction of the entire volume, hence I never track ETF flows), and despite $BTC being priced much higher now and despite everyone saying that 4 year cycles don't work anymore. Fundamental news doesn't matter as much to price itself as it is just a narrative, taking effect only over a long (fundamental) period of time and acting as anchors for acceptance and fundamentally believing in said asset continuing to grow for adoption. What is important regarding price itself, is time (cycles), and regarding time, crypto is still very young, so it's "young mechanics" continue to work. And regarding meme coins. I am not saying your meme bags are done either, and I already know people will tell me that "I'm looking at the wrong memes". That's selectivity, an argument I can't win. So maybe I am, but I selected three gigantic meme coin leaders. And during PvP season, there also were utility coins pumping. I don't despise memes, I used to hold and trade them but I'm just facing the facts. All I'm saying is if $BTC.D changes direction, the general conditions change and that's proven by example on this screenshot for the third time. So yes, memes can still do just fine, but knowing this, and knowing the conditions, it's up to you if you want to choose the easy way, or the hard way.