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Why am I saying that the on-chain season is not here yet?
Let's take the bonk pad as an example, even though it's the hottest ecosystem right now (by far!) there are literally 0 coins at 100m + except for USELESS.
Not only that, but we've barely had any new 100mil runners in the market during the last few months, except for $USELESS, $REKT, $BLOCK(Which I called at 24m), $ALCH (Called at 8m) and $KTA (Called sub 10m) and maybe a few others..
It's always the same thing, first big caps, then mid caps and ONLY THEN the liquidity comes to low caps.
Until we see tokens run to 100m on a regular basis, it's not a real onchain szn..