Meme wants to continue to be sustainable in this cycle, two prerequisites must be met:

1. Macroscopically, BTC needs to continuously break new highs or at least remain stable, which means there must be a constant influx of liquidity into this market. The first element of financial products is liquidity; sufficient liquidity can ensure equitable distribution.

2. Why would the liquidity overflowing from BTC enter the meme market rather than others?

The market space is large enough. A sufficiently large space can give rise to the most impressive companies. The most outstanding track is always the one that reaches the largest audience.

Wealth effect. Creating wealth, continuously creating wealth, is the most direct means of attracting crowds and attention. Since BTC broke new highs, the fastest wealth-generating track has been memes.

Relying on big players. I think it's quite clear that this round of meme bull market will only happen on SOL, right? I genuinely believe that the people behind SOL are incredibly smart, living up to their reputation on Wall Street. They not only understand people's minds but also produce matching products (including Pumpfun Moonshot), while other public chains can only watch from behind and eat dust.