Bitcoin-based memecoins are gaining significant traction among crypto traders, driven by Bitcoin's surge to lifetime peaks. Analysts like Chris Burniske highlight that memecoins are reshaping the crypto landscape, compelling blockchains to adapt or fall behind. Burniske's analysis, supported by over 303K followers on X, suggests that the hype around memecoins is pushing legitimate projects to show tangible results. The rapid rise in popularity has seen Bitcoin memecoins increase by over 200% this week, marking them as a sector to watch closely. Memecoins are being touted as the next big thing not just in crypto but across the broader financial landscape. Traders see them as a beta bet on $BTC.