Memecoins have been a part of the cryptoasset ecosystem virtually ever since the asset class achieved mass market awareness and appeal during 2017-2018. While most memecoin projects have been revealed, time and again, as grifts, pump-and-dump schemes, or otherwise unethically motivated ventures, the appeal of these projects continues to be obvious. For investors seeking to dabble into the crypto world in a casual way, or for investors looking to capitalize on a short-term spike in popularity, memecoins continue to offer an alluring path to (allegedly) easy profits. Of course, memecoins cannot be fully discussed without mentioning Dogecoin, one…