The concept of memecoins has gained significant attention in the financial world, with some experts labeling it a reflection of changing investment trends and cultural significance. According to Binance Research, memecoins have emerged as potential vehicles for surplus capital seeking high rewards, positioned at the high-risk end of the investment spectrum. This phenomenon is attributed to the increasing appeal of risk-on investments in a rapidly expanding global money supply.

Source: https://Blockchain.News/news/evolution-impact-memecoins-modern-finance