By Leo SunKEY POINTS GigaCloud’s stock has nearly quadrupled from its IPO price. Its growth is decelerating and its margins are declining. GigaCloud could be turning into another meme stock. The Chinese e-commerce solutions company soared after going public.GigaCloud Technology($GigaCloud Technology Inc(GCT)$ )has taken investors on a wild ride since its initial public offering.Those post-IPO gains were stunning. But is GigaCloud becoming anothermeme stock like AMTD Digital, the Hong Kong-based fintech company which saw its stockinexplicably skyrocketfrom $7.80 to over $2,500 after its IPO last month? Or is GigaCloud's recent rally actually sustainable?What does GigaCloud do?GigaCloud bundles together discovery, payments, and logistics