The Chinese Meme coin sector has been quite interesting over the past two years. I still remember the phenomenon-level breakout project in October 2025, which went from zero to a $150 million market cap in just three days, becoming the first Chinese Meme coin to land on a top-tier exchange. That scene was truly crazy. But looking back now, it’s more like a benchmark—proof that Chinese Meme coins can grow big, rather than a ceiling.

Recently, a project has been hinting at breaking through $1 billion, and this ambition has definitely sparked my rethinking of this sector. Who might be able to take a bite out of this cake?

**Who are the players in the current sector?**

The pioneers. They have a stable position but have already gone through a round. These projects now mostly play the role of "old money," with less buzz than before, and limited new explosive momentum.

Projects built around personal IP. Some are extensions of well-known figures, capable of stirring fan emotions, with market caps even reaching the $20 million range. But the problem is, these projects are easily influenced by personal factors, lack a solid ecosystem story, and their sustainability is questionable.

Some new players with absurd or quirky concepts. These projects often gain traction through a meme or creative idea, with inherent viral potential, but they are also more likely to be quickly consumed and forgotten.

**So, who might break through $1 billion?**

I think the key isn’t who reaches $150 million first, but whether they can build stronger community consensus and sustained enthusiasm. From this perspective, the real opportunity might be reserved for projects that have both initial explosive power and the ability to construct an ecosystem’s imaginative space. Going from a $10 million to a $1 billion market cap isn’t just about traffic doubling; it requires deeper market recognition.

The sector is still young, and the story is still being written.