#美国就业数据表现强劲超出预期 MEME coin's market cycle: Each bull run tells a different story.

Looking back at the data from the past few years, the MEME coin has indeed delivered an impressive report card. From the breakout of $DOGE in 2020, to the emergence of $SHIB in 2021, then to the popularity of $PEPE in 2022 and BONK in 2023, as well as the explosive rise of $PNUT squirrel coin in 2024—these projects reflect the cyclical fluctuations of community consensus and market sentiment.

As we enter 2025, a new wave of MEME coins is forming. Notably, some dog-themed projects have emerged in the Ethereum ecosystem, such as $PUPPIES, which are hot topics within the community. Can these projects replicate the "hundredfold" or even "thousandfold" miracles of the past? The key will still depend on whether community consensus can continue to amplify.

However, it is important to remind that history does not simply repeat itself; each round of market conditions is changing. Those investors who can seize the opportunity and understand market cycles do have the chance to participate in the potential returns of such high-volatility assets. But the risks are also very real.