According to KookCapitalLLC, only Fartcoin is expected to surpass the $1 billion market cap this cycle among meme coins, due to excessive token launches and rapid liquidity rotation in the current crypto environment (source: Twitter/@KookCapitalLLC, April 28, 2025). The proliferation of over 75 launchpads and ongoing expansion is leading to capital being extracted quickly, making it challenging for new meme coins to sustain strong growth and achieve high valuations. Traders should focus on liquidity trends and launchpad activity as key indicators for meme coin performance this cycle.