This year the meme market finally got to a stage where liquidated has started to concentrate into a few plays: Pengu, Bonk, SPX, etc, all trading at $2B+ With no new play really managing to sustainably escape the trenches I think this will -mostly- continue to play out, with a few exceptions I also think $Troll is joining that group soon, and will potentially end up higher than some or all of these

*liquidity not liquidated