The popularity of meme coins has increased on Litecoin and Dogecoin due to the Ordinals project, which was launched on the Bitcoin network in January. Initially, the project allowed for the inscription of assets such as artwork and profile pictures onto Bitcoin's blockchain, but it soon evolved to support BRC-20 tokens. This has resulted in a surge in daily transaction totals on all three blockchains, with each marking a respective all-time single-day peak for transactions in May. However, critics have raised concerns about the rising cost of transactions on these blockchains due to the inclusion of JPEGs and meme tokens. Despite this, proponents argue that the higher cost helps to secure the network. On May 10, there were 584,836 transactions and over 2.6 million Litecoin Ordinals have been created. Dogecoin has also introduced the DRC-20 standard for meme tokens and digital artifacts using Ordinal inscriptions, leading to a surge in activity. However, some experts are skeptical about the trend's longevity and believe sustained pressure on Dogecoin will cause it to die off quickly.