Shaping Crypto’s $10T Market Through Community And Virality

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…

Source link