The cryptocurrency market is experiencing a surge in activity, with multiple references to a 'supercycle' for both NFTs and memecoins. Observers are noting the potential for a significant bull market, with some asserting that the memecoin supercycle has officially commenced. Notably, one memecoin has reportedly surpassed the market capitalization of Tether (USDT), signaling a shift in market dynamics. Analysts and traders are optimistic, suggesting that the main bull run for Bitcoin and other cryptocurrencies has yet to fully materialize, with many believing that the real rally is just beginning. This sentiment is echoed across various social media platforms, indicating a growing confidence in the market's trajectory.