Cryptocurrency enthusiasts are abuzz with talks of a 'supercycle' as memecoins like Dogecoin experience significant price surges. Dogecoin has reportedly risen to 40 cents, with some investors speculating it could reach 60 cents. The rapid increase in Dogecoin's value has led to expectations that midcap memecoin targets could increase by up to five times. Additionally, other memecoins on the Solana blockchain, such as $BONK—the memecoin that started it all for Solana—are gaining attention, with investors anticipating substantial growth. Despite Dogecoin's rise, some Solana memecoins have yet to see significant market cap changes, leading investors to shift focus to them. One investor noted that some assets have seen a 2.5x increase already, indicating momentum in the memecoin market.