Solana meme token bubble

Hi, I noticed a big boom in the Solana meme token space am following it closely. Perhaps tens of thousands of tokens without tokenomics or utility. All these tokens were launched sometime mid Jan this year and already did their x100. People on X are just pushing their own projects. It seems too crowded and everyone seems to think their token will be listed on Binance. I don’t know. It seems everyone thinks their token is a movement. But from looking at the charts these tokens took some heavy beating. Are people trying to launch the next Pepe, Bonk or Wif ? There are also talks about Jupiter launch soon. Can someone elaborate on all of that? Thanks