The recent surge in memecoin trading has highlighted a shift in investment strategies within the cryptocurrency community. Traders are increasingly focusing on high-volume memecoins or those they have strong conviction in, rather than traditional research-based investments. This trend has led to significant gains for some, with one trader reporting a $20,000 profit in two weeks and planning to reinvest in larger size holds using a $5k bag. Memecoins valued between $1-10M are particularly targeted. However, this mania has also caused many investors to overlook fundamental developments in more substantial projects. Despite the chaotic nature of the market, some experts suggest that understanding the underlying reasons for coin movements is less important than capitalizing on current trends.