The memecoin narrative is arguably delivering the strongest upside potential in the current market cycle. While Runes faced headwinds throughout 2025, the setup for a significant bounce-back in 2026 looks compelling. Tokens like $DOG, $MIM, $PUPS, $BILLY, $GIZMO, $LOBO, $UG, and $PIZZA appear substantially underpriced relative to the narrative momentum building behind them. The combination of ecosystem development, community engagement, and relative valuation suggests these assets have room to run when market conditions align. Whether it's timing or conviction, several memecoin projects are trading below what the current sentiment would typically justify.