Opening a dictionary, each character has a clear definition and boundary. But recently, in the territory of blockchain, the boundaries of Chinese vocabulary have been completely broken—"I’m coming"、"Some platform’s life"、"Hajimi"—these products of internet culture, by early 2026, have turned into crypto assets, triggering a global frenzy of market capitalization surges and capital inflows in a speculative feast.

But as the excitement gradually subsides, a harsh reality stands before us: like flipping through a dictionary, chasing after new memes one by one, what is the endgame of this game? Can the value accumulated by tokens that surge dozens of times just because of a ridiculous name truly surpass the lifecycle of a dictionary?

**Celebration Moment: When Jokes Turn into Financial Assets**

The story begins with a joke on the internet. A senior executive of a major exchange once joked on social media, wishing users to drive luxury cars, move into upscale communities, and enjoy a good life. No one expected that a certain phrase in this statement would suddenly be isolated and incubated into a token on the blockchain, with a market cap once approaching $500 million. The power of a single sentence directly translated into a multi-billion dollar capital frenzy.

This is just the tip of the iceberg. In January 2026, a wave of Meme coins named after Chinese internet memes began sweeping through exchanges. These coins share obvious common features: they have no project whitepaper, no technical development team, and no practical application scenarios. Their only source of value is that their names can resonate collectively with Chinese internet users and spread rapidly through social media.

This storytelling-first, technology-later approach has created unprecedented appeal and engagement for retail investors familiar with internet culture. Because this time, assets are no longer abstract code or distant technology, but jokes and memes you can say every day and understand. Capital then flocked in, and each rise reinforced participants’ inner sense of identity.

**Reflection: How Long Can Cultural Resonance Last?**

This model seems to have found a new secret to financing. But problems also emerge—when everyone is chasing the next internet meme, and the market keeps producing new jokes, will prices necessarily face a correction after rapid rises? Can a token’s vitality truly be built on collective humor?

History tells us that after the hype subsides, what remains is often just a mess. And the funds that poured in at the peak will ultimately face the test of reality.