Memecoins are like chasing the trend — once the hype subsides, they gradually fade into obscurity. Looking at last year's performance rankings makes this clear: those Memecoin projects that were wildly speculated on initially have mostly become cannon fodder after a year. This actually reflects a reality: such high-profile assets often lack genuine fundamental support. Once market sentiment reverses and hot money flows out, it's a mess. For traders, investing in these projects requires constant risk awareness because you never know when you'll go from riding the wave to being caught as a trapped leek.