Many people say that Meme coins are just casinos and irrational celebrations. But looking at it from a different perspective—if it were truly completely random, how could anyone earn hundredfold or thousandfold returns from it? In fact, behind every skyrocketing Meme coin, there is a mathematical model that can be calculated.

It sounds a bit exaggerated, but upon closer thought, it becomes clear. We always focus on price fluctuations (which is the height), but we overlook the real determinant of life and death—the size of the base. This base is supported by two things: narrative density and dissemination nodes.

For example, if a Meme coin only relies on price increases but lacks a sufficient consensus foundation, it’s like a thin needle—blown over by the wind. Conversely, as more and more people participate in dissemination, discussion, and consensus becomes increasingly dense, this circular base continues to expand. On this expanding base, the price rise can form a stable cone, achieving geometric growth.

Of course, this is not a rigorous economic model, but more of a new perspective in "financial physics." But if we view Meme coin price movements through this framework, many seemingly crazy phenomena become understandable.

Simply put: the value of Meme coins is not "raised" out of thin air, but "supported" into existence.