According to KookCapitalLLC, the current surge in 'fake business' memecoins closely resembles the final phase of the NFT market, where speculative tech projects and mass cartoon launchpads dominated before a market downturn (source: KookCapitalLLC on Twitter, May 13, 2025). For traders, this signals a potential oversaturation and elevated risk environment similar to what was seen during the NFT collapse in mid-2022. Monitoring meme coin liquidity and sentiment is crucial, as these patterns often precede sharp volatility and potential corrections in the broader cryptocurrency sector.