Ethereum-based meme coins like Moonbull, Doginme, and Mubarak are gaining traction by combining humor with utility features such as staking rewards and community-driven projects. These tokens aim to move beyond speculative trading by offering real-world applications, with Housecoin and Drive also emerging as innovative players in the space. Developers emphasize sustainable tokenomics and engagement mechanisms to differentiate from traditional meme coins, leveraging Ethereum's ecosystem for scalability and security. The trend reflects growing investor interest in projects that blend entertainment with blockchain utility.