After New Year's Day, the market continues to be dominated by meme coins, and this wave is truly unavoidable. The Elon Musk concept remains the central topic in the meme market—related tokens like PUPPIES have seen astonishing gains recently.

Careful observation shows that since the beginning of the year, the meme sector has been nonstop. The volatility of these coins is outrageously high; some say there is potential for over 100x returns, while others get caught at high levels. Market sentiment mainly depends on social media buzz and influencer trends, essentially a game of emotions.

Anyway, the story of meme coins is far from over. A single tweet from Musk or a news feature about a certain coin can reverse the entire sector. Those wanting to get involved should think carefully about whether they are here to profit from emotions or to gamble on long-term prospects—risks are quite significant.