Coinbase has significantly increased its listings of memecoins, prompting discussions about the onset of a 'memecoin supercycle' in the cryptocurrency market. This surge in memecoin listings has led to speculation that Coinbase is attempting to outpace competitors like Binance, with some users suggesting that this strategy might devalue the memecoins due to oversaturation. The market has seen notable increases in the value of memecoins such as ARMY, BEAR, and MAG, with ARMY's market cap rising from under $1 million to $90 million in just three days. XRP's recent 92% surge has also lifted memecoins to new heights. Analysts are divided on whether this trend signals the beginning of a broader market shift towards memecoins or if it's a temporary phenomenon. The increased activity in memecoins is also seen as a response to the broader bull market in cryptocurrencies, with some traders moving away from established coins like XRP and TRX to newer memecoins.