The market has finally come alive recently.

The long-dormant secondary market exploded with enthusiasm yesterday, with various funds rushing back in. DOGE has risen about 20% in the past few days, and other new coins are even more aggressive, with many leading the gains. The Telegram group has also become lively.

This is the charm of the crypto market—when despair sets in, it always surprises you unexpectedly.

But the current dilemma is: should I buy DOGE or those emerging new coins?

My personal answer is DOGE. Although its gains are not as outrageous, it is more stable. In contrast, small coins tend to fall even harder, with too much volatility. The logic behind this is simple: the larger the market cap, the smaller the price fluctuations; the smaller the market cap, the more dramatic the swings. DOGE’s market cap is now firmly in the top five, with market recognition there, making the risk relatively manageable.

Interestingly, the secondary market has already ignited, but the primary market is still sleeping. But that’s normal—each market cycle always takes turns to start.

From a medium to long-term perspective, Ethereum is still worth paying attention to. Next year, Ethereum is very likely to perform well, possibly even exceeding market expectations.

**The True Consideration in the Primary Market**

When it comes to the primary market and new coins, the only criterion is community. Thousands of new coins are issued every day, and very few can survive three days. Even fewer can last three months. Only those projects that truly survive and continue building are worth paying more attention to.

The SPURDO project is quite interesting. Its market cap has been hovering between 2 million and 3 million, essentially waiting for a trigger—an overall warming of market sentiment. When the market truly recovers, the primary market will erupt collectively.

A highlight of the project is that Vitalik often engages actively in the community, which is a positive signal in itself. But what really matters is what the community is doing. The SPURDO team has been continuously promoting charitable and public welfare projects, with new members joining all the time. This ongoing community development is the core competitive advantage of the project.

Overall, I remain optimistic about SPURDO’s future performance.