After Dogecoin was surpassed, has an era come to an end?

When HYPE entered the top ten by market capitalization, many veteran players suddenly felt emotional.
Because this means the cryptocurrency market is changing.
Once upon a time, DOGE represented community power.
A meme, creating hundreds of billions of dollars in market value.
Today, the market is increasingly focused on infrastructure, on-chain transactions, and real revenue models.
Funds are starting to look for new growth stories.
This does not mean DOGE has lost value.
But rather, market aesthetics are changing.
Every bull market has its own protagonist.
2017 was about ICOs.
2021 was about MEME.
Now, the market seems to be looking for the next narrative.
And capital flows are often more honest than news.
Who can attract sustained funding,
Who may become the focus of the next phase.
That’s also why changes in market cap rankings always trigger widespread discussion.
Because behind the ranking changes, fundamentally, it’s a vote of capital. #美伊谈判博弈