Analyzing the Meme Coin Lifecycle: Why Bizarre Trends Explode

The crypto market often favors 'ugly' or bizarre memes, as seen with Pepe, Shib, and more recently, 'Niu Lai' (Bull Coming). While traditional aesthetics are ignored, these provocative memes capture massive attention. The 'Niu Lai' meme on BSC saw its market cap surge from thousands to over $50 million, demonstrating how Web2 attention can be converted into on-chain value.