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The fact that Bread Cat has remained popular until now shows that this is not just a fleeting joke meme. In 2005, Pepe the Frog was born, and by 2011, Bread Cat had already appeared—both are internet meme fossils. Most online cultures have long been diluted by time, but Bread Cat has persisted across multiple bull and bear cycles, which in itself proves its vitality as a cultural IP.
The memes that truly stand the test of time are often the simplest. The adorable bread-wearing cat is cute and addictive—everyone who sees it wants to laugh. Things that can make people happy inherently carry viral genes; they can survive without marketing.
From a market perspective, the current market cap is still in a low zone. A leading project with a similar MEME concept has already reached a valuation of 2 billion, and this project aims for a community target of 20 billion, which theoretically offers a 2000x space. With the OG MEME status and cultural accumulation, this expectation is logically sustainable. Long-term holders might want to consider this.