Do they signal growing confidence in the market?
It's even giving that scare to the investors that most of the memecoins in existence today are prone to rug pull. I think that's also the reason why many of them are no longer interested with the memecoins for many of them are likely to scam. We're pass now with the trend of the memecoins and if you and the others are still into it, good luck to the money you're investing in it. If you've made so much money in it, then congratulations but if you're not going to be wise on how you'll spend and reinvest it, you're likely to lose it.