What is the meme super cycle?
In this round of the market, it seems that meme's performance far exceeds other tracks, performing better than projects in public chains, modularization, and depin.

What is the reason behind this round of meme surges?
Regarding the reasons for the meme surge, most people believe it is due to fairness, concept, and community.
Let's first talk about fairness: retail investors believe fairness means everyone gets the same price for their chips because many memecoins are fairly launched, where everyone mints at the same time.
To further discuss concepts: Is the concept the core reason for a memecoin's rise? Not necessarily. The first counterexample is the ancestor of meme coins, Dogecoin. The concept of Dogecoin has changed over its development cycle. Initially, it was a satire of Bitcoin, later when Musk got involved, it became a potential payment coin for Tesla. After Tesla and Musk stopped discussing Dogecoin, it became a representative of the free community. Therefore, in the relationship between the success of Dogecoin and its concept, the concept is a follower of Dogecoin; the success of Dogecoin refined the concept, not the other way around. Thus, the concept cannot be considered the main reason for a memecoin's success.