Memecoins have become a significant trend in the cryptocurrency market, drawing considerable attention and investment. Enthusiasts argue that memecoins are driving mass adoption of cryptocurrencies, with many individuals who previously avoided crypto now participating. The popularity of memecoins is attributed to their engaging nature and perceived potential for high returns. Memecoins are taking center stage and pretty much all the limelight this cycle. Some compare memecoins to NFTs but with better liquidity, highlighting their appeal in the current financial landscape.