The typical memecoin playbook is pretty predictable at this point. Bond phase kicks off, price pumps hard post-bonding, early believers form a tight community. Then comes the climb—you hit 1 million market cap, things feel legit. Keep pushing, 3 million, momentum's real. Some influencer gets behind it, tweets a few times, suddenly you're looking at 25 million. The hype is everywhere.

Then reality hits. Down 90% in what feels like overnight. Everyone's bag gone. The chat fills with panic.

But here's the thing people keep forgetting: '$SPX literally pulled the exact same move.' Pump, community hype, vertical chart, absolute bloodbath. Same story, different token.

This cycle repeats because memecoin dynamics haven't fundamentally changed. Speculation drives early growth, influencer endorsement accelerates it, and when momentum fizzles, gravity takes over hard.