liquidity is concentrating into pengu and rekt as the two main brand coins, and therefore they are outperforming everything. the key here is that people just want a coin they can trust. there is no new launched coin you can trust anymore, at all. while brand coins like these have the added benefit of revenue streams/potential buybacks, etc. this is where I think the evolution when alts rebound will be a rotation back to older memes that kept their community, never really dipped low enough to get caballed and been grinding for a year+... i think many of these will also do very well in August.