According to Flood (@ThinkingUSD), the memecoin trading market is allegedly manipulated, with only four tokens reportedly maintaining a market capitalization above $100 million. Furthermore, over $1.5 billion has been extracted through execution fees, which could impact traders' profitability. This suggests a need for cautious strategy adjustments for traders involved in memecoins.

According to Vitalik Buterin, a significant challenge with enshrining execution fees within the Layer 1 (L1) protocol is the inability to reliably measure the fees on Layer 2 (L2). He compares this to a government trying to enforce sales tax by accessing the RAM of digital payment systems, highlighting the complexity and impracticality of such an approach.