According to online reports, according to the World Wide Web, the Indian Express published an article "Dogecoin is no longer a" joke currency ", which pointed out that two software engineers launched a cryptocurrency in 2013-" Dogecoin "(virtual currency with dog emoticons), its appearance means the fusion of memes (emoticons) and Bitcoin, and also marks the birth of Fascination Coin. What the engineers didn't expect was that while joking,"dogcoin" later became a commonly used online transaction currency. American tycoon Elon Musk expressed his support for it in 2023, and the valuation of "dogcoin" has soared. As of January 2025, its market value has reached tens of billions of dollars. Under the influence of the celebrity effect and other factors, various meme coins (emoticons) have flourished. U.S. President Trump launched his own memein, with his photo and slogan "Fight, fight," printed on it, attracting public attention and its market value soared to billions of dollars. As a public figure, Trump has been criticized by many for being reckless for his move. The mein market is volatile. In the absence of effective supervision, the market does not have a complete protection mechanism, and investors face the risk of huge property losses. With such high volatility and high risk, why are so many people flocking to memein and investing crazily? Research by JPMorgan Chase Group shows that in the past decade, the proportion of people under the age of 40 who invest their personal income every month has more than tripled. However, the financial system has certain thresholds, many industry concepts and terms, and is not very friendly to investors with less experience. Cryptocurrency does not have this problem. At the same time, its ability to quickly see returns further attracts people to invest in the future. Although the memin market is booming, it remains to be seen how far it will go in the future. Relevant regulatory agencies should issue corresponding policies to supervise various cryptocurrencies. At the same time, investors should also learn further, understand financial instruments, and avoid investment risks.