The memecoin market is experiencing significant growth, with several tokens seeing substantial increases in market capitalization. Notably, $DOG has emerged as a leading memecoin on Bitcoin, achieving a market cap of $500 million and a daily increase of 36.4%. Other notable performers include $PUPS, which has a market cap of $194 million, and $BDC and $RSIC, both around $85 million. The total market cap for Bitcoin Runes memecoins has surged to $1.34 billion, reflecting a 23.6% increase. As of now, there are 25 Bitcoin Runes memecoins with market caps exceeding $1 million. Analysts suggest that this trend could lead to a broader memecoin super cycle, with predictions of multiple tokens reaching market caps of $100 billion by the end of the year. The enthusiasm is further fueled by the belief that memecoins will play a crucial role in onboarding new users to the cryptocurrency space.