In the current on-chain market, the $Bonkyo project still has potential. Analysis shows that as long as the NFT hype continues, the related narrative will keep developing. It is suggested that investors consider making investments in batches around 5m.

The $IMAGINE project is worth continuous attention, especially in the 4m range. Another noteworthy one is $KORI, which may have a second chance to rise, expected to possibly reach 50M again from 27M.

The $WOM project has a stable daily trend near 500K, and it is worth noting that some early large holder addresses are still holding USELESS tokens.

Looking at the Bonk ecosystem, successful profit-making projects typically have the following characteristics:

1. The MEME tokens that were able to maintain a sideways trend from June to early July, and had reasonable narratives, have mostly achieved a rise of over 10 times.

2. Rapidly rising hot projects often still have a second entry opportunity, even if you miss the initial chance.

3. Projects that can maintain a sideways trend on the daily chart and have popular narratives still have room for growth in the future.

The sideways trading strategy has performed excellently in the current market environment. The advantages of this strategy need to be personally experienced by investors to fully understand its value.

However, investors should keep in mind that the cryptocurrency market carries high risks and is highly volatile. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. At the same time, diversifying your investment portfolio is an effective way to reduce risk.