In the evolving landscape of cryptocurrency, the appeal of speculative gains is increasingly drawing investors who perceive it more as a gambling tool than a long-term investment. The industry has seen a significant rise in the popularity of meme coins, which are essentially cryptocurrencies created as a joke or meme. As of 2023, the global market capitalization of meme coins has soared to over $50 billion, accounting for a substantial part of the total cryptocurrency market. This trend underscores the growing influence of meme coins in the crypto space, and their potential to shape the future of digital asset investment.