The memecoin market is experiencing a resurgence, driven by a combination of FOMO (fear of missing out) and vibrant community engagement. Analysts highlight that while memecoins can create opportunities for generational wealth, they also come with significant risks; 99% of memecoins ultimately lose value. Despite this, the appeal of memecoins lies in their potential for quick profits and the large number of tokens available, which fosters greater liquidity and a broader community of holders. As interest in memecoins grows, platforms like 1inch facilitate trading by allowing users to easily swap tokens using contract addresses.