5 Countries Leading the Meme Coin Craze in 2023

3. United Kingdom

Percentage of total meme coin views:  16.35%

The UK is leading the meme coin craze in Europe, and is in fact, the only European country in our list. Recently, powerful groups in traditional finance spheres warned the UK government of its attempt to regulate the cryptocurrency industry, and City Minister Andrew Griffith promised “clear, effective, timely regulation” that would “strengthen our position as a world leader in fintech, unlock growth and boost innovation”. However, the main concern is that regulation would legitimize an industry fraught with risks.