Why are Meme coins so hot in this bull market? Continuing from the previous analysis, let's delve deeper into the logical insights gained from practical experience.

First of all, don't think Meme coins are only thriving on Ethereum or other small chains. The Bitcoin ecosystem is also playing this game. Last year's Ordinals and Sats may seem like inscriptions, but in essence, they are still driven by community consensus and hype—Meme coins at their core. As long as enough people recognize and are willing to spread them, a coin can gain significant traction. This has been validated on BTC as well.

Compared to previous bull markets, the rhythm of this cycle is completely reversed. Remember Doge and Shib? They only surged near the end of the bull market, essentially to "absorb" sell-offs and help Bitcoin dump. But now, it's different! Meme coins have been leading the way to wealth right from the start of this bull market, playing the main role throughout. This shift has directly overturned the old investors' perception—those who understand early will be the first to profit.

Why is this happening? Simply put, capital has nowhere else to go. Either buy ETFs or pile into Meme coins; only a few sectors like AI and RWA can share some of the pie. Most altcoins are still lying dormant at bear market prices, with no attention. Doesn't that make Meme coins even more attractive and profitable?

Another key logic is that the more active new coin issuance is, the easier it is for the market to ignite. In this bull market, Meme coins have perfectly hit this point. New Meme coins emerge daily, new stories are told every day, and hype can keep building endlessly—it’s unstoppable.

But here’s a crucial point: many still cling to the old idea that "Meme is just a carnival at the end of the bull market." Honestly, the market has changed, and so have the strategies. Now, Meme coins are a serious wealth creation mainline. If you still hold onto past biases when looking at the current market, by the end of the bull, you'll only be left regretting in a corner.

One last important note—Meme coins are indeed very risky. Never go all-in. Only participate with spare funds that you can afford to lose entirely—that's the bottom line. Also, each bull cycle produces new leading coins. Don't obsess over old tokens; identify the hottest and most consensus-driven projects at the moment to stand a chance of catching the benefits of this wave.