Memecoins are actually good for DeFi because it incentivize users to go onchain for crypto activity as early as possible instead of just doing everything on CEXs.

Definitely not on my bingo card on how we accelerate DeFi adoption, but all road leads to DeFi and onchain.

Memecoins can indeed play a role in driving DeFi adoption by encouraging users to engage with crypto activities on the blockchain early on. Despite being unexpected, this trend highlights the growing importance of DeFi and onchain transactions in the crypto space.