Over a year ago, memes were still considered a relatively niche narrative. When the most liquid CEX, Binance, unexpectedly listed NEIRO, a token with an extremely low market cap, it far exceeded market expectations. This move achieved its intended effect and indirectly kicked off a golden era for memes. But the environment now is completely different. Today, memes have become one of the mainstream narratives. Tools, access points, and information are abundantly available, and those who truly want to buy have already established their positions on-chain. Whether it gets listed on Binance or not has limited impact on actual liquidity. The difference between being listed or not has already been smoothed out. Therefore, the focus should no longer be on whether it will be listed on spot markets, but rather on the quality of the meme itself—whether it has the ability to go viral, break out of its niche, bring incremental growth, and organically attract new liquidity. Those who want to buy won’t wait for it to be listed on spot markets. If someone enters the market just because it’s listed, chances are they’re not buying the meme for what it truly represents.