To form a sustainable meme supercycle, some external conditions may be needed:

BTC reaching new highs. New highs for BTC will attract a large amount of new capital and also draw more new participants into the market. To put it bluntly, there will be more 'greater fools' in the market.

Market liquidity is abundant. If the Federal Reserve continues to lower interest rates, market liquidity will increase, leading to more funds flowing into the secondary market, providing liquidity for high-risk projects.

A relatively loose environment. In the current environment, if Trump is re-elected as president, the crypto market may welcome a more favorable environment, which could further encourage the market to favor meme projects.