The surge in the price of FREN contributed to a heightened interest in memecoins within the Cardano ecosystem.
The memecoin sector witnessed massive amounts of growth over the last few days, with popular tokens such as DOGE, SHIB and WIF seeing tremendous growth.
Moreover, the exploration of undervalued memecoins may attract a fresh user base, expanding the network’s reach. A sudden surge in network activity might strain the Cardano infrastructure, leading to congestion and potential delays in transactions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: