A recent Binance Research report has revealed that 97% of memecoins created during the 2023-2024 period have 'died,' exhibiting near-zero trading volumes due to volatility and market manipulation. This trend highlights the fleeting nature of many memecoins that surged in popularity during this timeframe. Despite this, there is speculation about an upcoming 'MemeCoin Super Cycle,' with discussions among crypto enthusiasts about which memecoins might perform well in the near future. The rise of AI-generated memes is also influencing the memecoin market, as these digital assets gain traction within the crypto community. Additionally, memecoins have increased their share of the total crypto market from 4% to 11% since 2022, indicating a growing interest, albeit amidst skepticism regarding their long-term viability.