The signs of a clear rebound and bounce are evident. Whether it can surge to higher levels next depends mainly on market expectations.

What does it mean that this project was able to rapidly rise from the bottom to a market cap of tens of millions within just one day? First, the initial liquidity was a tiny pool of only $1, which, under the catalysis of billions of traffic dissemination, formed a strong price discovery; second, the project has accumulated considerable market attention—from potential interactions with mainstream KOLs to the willingness of various capital to participate. All these factors contribute to the narrative.

Projects that detach from traditional secondary market narratives derive their value from whether they can sustain market enthusiasm. Bottom-positioned accumulation, liquidity support, and community base—these three elements are indispensable. The current question is whether the rebound can evolve into a genuine upward trend or if it is merely a short-term emotional release.

For those optimistic about this project, the real test of market confidence is whether the second phase can break through the previous high.