Chinese meme tokens are making a splash today. Those Tickers that were once ridiculed to the point of being completely humiliated, such as certain tokens with distinct local characteristics, are now leading the rally, and quite a few "grounded" projects have even reached nearly ten million in market cap.

What’s interesting behind this is that there seems to be a form of confrontation—grassroots-style meme coins are challenging the narrative of those that are more elite and capitalized. Early meme culture has always carried a decentralization and anti-authority vibe, and now on the chain, this spirit is being released on a small scale. The market is voting with its actions, favoring projects that are more grounded and have community warmth, rather than those monopolized by institutions and big capital.