Memecoins have evolved from a niche interest to a substantial sector within the cryptocurrency market, capturing one-third of all investor interest in 2024. This shift is attributed to their cultural relevance and community backing, which some experts believe will dominate the upcoming bull cycle. However, concerns have emerged regarding the sustainability of this trend, with some commentators noting that many memecoins have devolved into scams by 2025, contrasting their previous positive impact on crypto adoption in 2021. The rise of artificial intelligence in driving hype for coins like GOAT, which reached a market capitalization of $1.3 billion, highlights the changing dynamics in the memecoin landscape. Additionally, political tokens are expected to play a significant role in future elections, with predictions that the 2026 election will see the emergence of new personal political brands leveraging memecoins as a form of advertising. The potential for new catalysts, such as Stablecoin legislation or a DOGE ETF, is also being discussed as a means to further boost mainstream attention towards memecoins.