On the #meme币狂欢 , the Shiba Inu token surged by 300% in a single day, and Frog Pepe was minted into a virtual asset with a market value of billions of dollars. This crypto frenzy, born from social media, community belief, and speculative desire, is overturning the narrative logic of traditional finance. Meme coins have deconstructed the serious game of capital in the most mocking way: the code can be rough, the white paper can be blank, but as long as one understands the dissemination code of 'meme culture', a bloody storm can be stirred up in decentralized exchanges. Behind the seemingly nonsensical surge is Generation Z's rebellious declaration against the traditional financial system, as well as a dangerous game woven from algorithmic leverage and liquidity mining. When the regulatory sword hangs high, this collective performance art will ultimately face the ultimate question - are we trading value, or consuming a meticulously designed financial illusion?