PUPPIES on Ethereum has recently attracted a lot of attention, with some asking whether it will become the next Meme sensation. Let's take a look at some of the factors behind this.

First is the traffic foundation. Concepts like Elon Musk naturally carry viral potential, giving the project inherent exposure. Second, many community participants come from early followers of SHIB and PEPE, and this group's consensus is usually quite strong, not fragmented. After several rounds of price fluctuations, the distribution of holdings may have become relatively balanced, making it more costly for extreme sell-offs.

From an ecological perspective, being on the Ethereum main chain allows it to benefit from the growth of DeFi, NFTs, and other ecosystems. Coupled with the current bull market cycle and rising market expectations, these could serve as catalysts. The project has already listed on multiple exchanges, so liquidity is not an issue.

The question boils down to one point: can a community-driven Meme coin truly replicate the gains of previous generations? It depends on whether the consensus can be maintained and how market sentiment shifts. Each cycle is different; past success does not guarantee future results.