Recently, the community has started playing with the Habibi meme again. This thing actually comes from an Arabic children's cartoon and was almost forgotten, but it suddenly became popular again on Douyin.

Interestingly, this wave of retro meme resurgence has now become linked to cryptocurrency. Some project teams, seeing the traffic, couldn't sit still and directly gave this cultural symbol on-chain asset attributes. Simply put, they package a funny meme as a token for speculation—a typical "everything can be a coin" approach.

However, to be fair, the combination of cultural memes and crypto isn’t new in the Web3 space.