Memecoins are the reason why a lot of people here. While im hating it, it push industry forward in some direction
Well, yes, but I think that a lot of people tried to enter the market through memecoins, were disappointed, lost money, and turned back. So there are two sides for this coin.
Meme coins is priced much lower than others in the crypto market, so many small investors lean towards it. Even the exchange charge of this coins is low but the layers of the block chain are a little weak.