The memecoin market is undergoing a transformation rather than facing decline, as indicated by recent discussions among cryptocurrency enthusiasts. A notable development is the upcoming launch of the Super Meme mainnet on December 16, which promises innovative features such as refundable coins aimed at protecting buyers and locking curves designed for long-term holders. This evolution in the memecoin space is seen as a necessary adaptation for the genre to thrive. The term 'supercycle' has been frequently mentioned, suggesting a potential resurgence or significant growth phase for memecoins, with various users expressing optimism about this trend.