On a single day, the Shiba Inu token surged by 300%. Pepe the Frog was minted into a virtual asset with a market value of billions of dollars. This crypto frenzy, driven by social media, community faith, and speculative desire, is disrupting the narrative logic of traditional finance. Meme coins deconstruct serious capital games in the most mocking way: the code can be rough, the white paper can be blank, but as long as one masters the dissemination code of 'meme culture,' they can stir up a bloody storm on decentralized exchanges. Behind the seemingly nonsensical surge is Generation Z's rebellious declaration against the traditional financial system, as well as a dangerous game interwoven with algorithmic leverage and liquidity mining. When regulatory swords hang high, this collective performance art will ultimately face the ultimate question — are we really trading value, or are we consuming a carefully designed financial illusion?