#Meme币热潮 Recently, the popularity of Meme coins has been continuously rising, attracting attention and discussion from multiple parties in the industry. By analyzing on-chain data and capital flow, it is found that this wave of enthusiasm is mainly concentrated in the Chinese-speaking community. Interestingly, some Western users have also started learning Chinese in an attempt to hop on this "Meme train". However, it is essential to be cautious, as some platforms may take advantage of the situation to speculate, leading inexperienced users to follow blindly. It is recommended that investors remain rational and focus on the intrinsic value of the projects rather than short-term speculation. At the same time, trading platforms should maintain a neutral stance to provide a fair and transparent environment for the market, rather than becoming a catalyst for emotions. In the future, we will continue to track capital flow and changes in on-chain contracts to provide more data support.