Meme coins are currently seeing an upward trajectory as the entire crypto market embarks on a bull run. However, Bloomberg highlights that the current level at which meme coins are pacing was similar to that of the crypto bubble that burst two years ago. The market is anyways cautioned for a possible correction. However, a bubble burst would send sock waves just like in 2021. Bloomberg says that meme coin’s trading volumes are currently at levels last seen shortly before the last crypto bubble burst more than two years ago. With more investor traction, the meme coin frenzy in the digital asset market shows no signs of abating.