Emin Gün Sirer, founder of Ava Labs, stated on X platform that it took a while for him to see the value of Meme coins and understand their cultural significance. They are just social signaling mechanisms and can be something you own simply because you like it. They send a signal to the world that you are part of a group with similar tastes. Memecoins only have value if they are fun, but be careful as they are highly volatile and this is a field where all assets are already quite volatile.