A pig-themed meme coin has been gaining a lot of traction recently. This character has over 13 million followers on short video platforms and its stickers have been used over 200 million times on social media. Honestly, this IP has a solid fan base in China, and its popularity moving from traditional internet to the Web3 space is really a continuation of a cultural phenomenon. However, you should still be cautious when investing in such meme coins. Although hype and consensus are important, it's really hard to say whether a cultural symbol can translate into long-term value in the crypto market.