With React.Memo, if a component returns the same result given the same props, wrapping it in memo can result in a performance boost.
useMemo allows you to memoize the results of a function and will return that result until an array of dependencies change.
useCallback can prevent unnecessary renders between parent and child components.
Source: https://headway.io/blog/react-optimize-components-memo-usememo-usecallback/
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intersted.. :)