The memecoins have always been a gamble, and I can't blame people for putting it there, but I expect there to be way more losers than winners. However, I do think that the markets might be more willing to go up with that type of FOMO over memecoins. It looks like AI is taking a hit as even the US government is stopping the creation of AI data centers, so that hype might be moving back a bit towards crypto.
RE: The crypto market lately