The discourse surrounding meme coins has intensified recently, particularly with the emergence of the 'cult memecoins' thesis proposed by industry figure MustStopMurad. This concept suggests that certain meme coins, such as $ordi and $pepe, have the potential to outperform traditional altcoins due to their low market capitalization and strong community backing. Analysts are divided on this thesis, with some highlighting the importance of social networks in the distribution of these assets. The meme coin market is characterized by its speculative nature, with calls to focus on community-owned tokens like Dogecoin and Pepe rather than those linked to insider trading. Recent activity in the market includes notable purchases, such as a transaction involving 3 ETH worth of $MAPE, valued at a market cap of $300,000. The ongoing conversation reflects a broader cultural phenomenon, as meme coins are increasingly recognized as a significant aspect of the cryptocurrency landscape.