The crypto market has an interesting phenomenon: whenever the bull run sentiment heats up, MEME coins start to make their rounds. They do not rely on fundamental logic, but on community consensus and the strength of their dissemination.

Looking at the context over the years makes it clear. In 2020, DOGE leaped from a joke to a legend, with a surge of millions of times. The following year, SHIB took over strongly, completely rewriting the ceiling expectations for MEME coins. In 2022, PEPE, as an emotional nuclear bomb, detonated the entire market, and in 2023, BONK became famous overnight, igniting a new wave of speculative frenzy. In 2024, PNUT proved once again that the gene vitality of MEME is still very much alive.

The situation has changed now. Funds are flowing back, market sentiment is warming up, and 2025 has already begun. As Ethereum becomes the focus of the market again, the narrative around MEME coins on this ecosystem is starting to get interesting.

It is worth noting the combination of three elements: Musk concept + Dog narrative + community Consensus. Although the dog-themed MEME coin on the Ethereum chain does not have much volume right now, all stories of a hundredfold return look quite similar before being validated – unremarkable.

A bull run never gives advance notice. When you notice that "the market seems different," it often means that the trend has already begun to take shape. Every early participant in a cycle will tell the same story: "I didn't pay any attention at that time."