Every project that goes from zero to billions of dollars in market value needs whales (large investors) at some point to drive the price up. For Meme coins, it is common that the early community forms a core of support, and then as the Meme coin succeeds in terms of attention and virality, its market value quickly exceeds $100 million.
Once the market value "stands firm" or exceeds $100 million, it will attract larger whales to enter the market because there is enough liquidity to establish large positions at this time. In addition, players who own these Meme coins early must have the characteristics of "diamond hands", that is, holding a large number of tokens at a low cost in the early stage and not selling them easily. These enthusiastic holders are crucial to the continued success of the project. Their firm holding not only supports the market price, but also builds confidence for new investors.
Therefore, the formation of the early community and the existence of tenacious holders are key factors in Meme coins being able to attract large investors, drive up market value, and achieve long-term success.