Many young investors also choose to 'have fun' with their investments such as buying meme coins, dogecoins and shares of game companies GameStop and AMC Entertainment, which are becoming a recent cultural trend (memes).
Yes, but it will end over time because new trends will always exist in the crypto space and investors will also move elsewhere when memes are no longer in a good trend, because meme coins tend to die if they can't survive in a correcting market.