Social media popularity is driving a new narrative in the crypto market. As traffic on short video platforms gathers, related crypto assets are beginning to emerge. The $DEGEN token has recently performed remarkably well, not only reaching a record high of $700,000 but also becoming a leader among all similar tokens with 8 million social followers. Behind this figure is a microcosm of how social buzz translates into market recognition. When leading traditional internet platforms start to intersect with the Web3 ecosystem, capital flows behind them tend to follow precisely. The synchronized growth of token prices and community size reflects investors' optimism about these emerging application scenarios.