Shaping Crypto’s $10T Market Through Community And Virality
Wooden blocks with the text “Memecoin” on a black background and crypto banknotes scattered on the … [+]
Memecoins typically lack tangible utility, with only a handful of exceptions. Yet, they’ve consistently outperformed projects designed with real-world use cases.
Since the launch of DOGE in 2013, the first and most iconic memecoin, the sector has grown exponentially – not just in the number of tokens but in sheer market size. As of 2024, memecoins command a staggering market capitalization exceeding $127 billion, driven by viral narratives rooted in humor, relatability, and community-driven hype.
Love them or hate them, memecoins have become an undeniable force in the crypto world. Exploring the dynamics behind…