Yesterday, there was a brief resurgence of the animal meta, but it seems unlikely that it will thrive again like it did in early 2024. The market has become oversaturated with animal meme coins, and many of them are already listed on centralized exchanges (CEX). For CEXs to offload their holdings, they need to focus on pumping the coins they have listed, and this requires avoiding further dispersion of funds.

Additionally, degen investors have grown quite weary of animal meme coins. While some are hoping for a return of the animal meta, it seems unlikely that the same level of conviction and trust as before will be restored.

As a result, the AI agent meta is likely to continue gaining traction, as it aligns well with the real economy. However, the rapid influx of AI agent projects could be interpreted as a bearish sign. For instance, $LongAI, which launched yesterday, is led by a Korean developer. While there have been several coins developed by Koreans in the past, this one has shown a particularly significant trading volume.

As a fellow Korean, I hope this project succeeds, but history suggests that when Korean developers start gaining attention, it often signals the end of a market trend. This pattern was evident in the NFT and P2E markets, where things collapsed shortly after Korean-led projects like Klay gained prominence.