What's the deal with meme coins

Noa said:
What’s the use of memes?

Memes are a shared cultural experience. Back in the day, we had just a few channels on TV. So, when I went to school the following day, everyone would talk about the same thing — whatever show was popular the night before. Now, with so many entertainment choices, we’ve lost some of that collective experience. Memes fill that gap.

Frank Fingerman

@Carter
Underrated comment for my generation.
Now I think we need more Mr. Ed reaction memes.

Noa said:
What’s the use of memes?

To help you forget how poorly your portfolio is performing.

Noa said:
What’s the use of memes?

Underrated response.

Noa said:
What’s the use of memes?

One meme a day keeps the big sadness away.

Noa said:
What’s the use of memes?

To express ourselves in a new way that everyone can get.

Noa said:
What’s the use of memes?

A way to escape and distract from the real, often sad, world.

Some of them are educational and fun for tipping. They’re my favorites!

NickelNegotiator3 said:
Some of them are educational and fun for tipping. They’re my favorites!

I agree. I used Shib to teach my nieces and granddaughter how to engage with crypto, and now they have small sums of BTC and ETH and understand how to use them. That’s a huge step for them in crypto.

While there are some genuinely usable meme coins, most of them are scams.

Kelsey said:
While there are some genuinely usable meme coins, most of them are scams.

What makes a meme coin usable versus a scam? Is it widespread use or something different?

MarkusJames3 said:

Kelsey said:
While there are some genuinely usable meme coins, most of them are scams.

What makes a meme coin usable versus a scam? Is it widespread use or something different?

Most importantly: Not collapsing in three to six months after launch.

Other factors:
Great for tipping (low fees)
Strong ecosystem
Developers who genuinely care about the project

Make the creators wealthy!

Person who posted this, have you set up your moon vault? If not, please do!

Cypress said:
Person who posted this, have you set up your moon vault? If not, please do!

THANK YOU FOR THE REMINDER. I’M ON IT RIGHT NOW.

Cypress said:
Person who posted this, have you set up your moon vault? If not, please do!

Is there a way to close our vault? Is that an option?

Pure speculation and hype.

Coins like CUMMIES have real potential use, mainly to tip adult content creators if I recall. It’s just amusing to say you have CUMMIES, and that makes for catchy marketing.

Eren said:
Coins like CUMMIES have real potential use, mainly to tip adult content creators if I recall. It’s just amusing to say you have CUMMIES, and that makes for catchy marketing.

Cumrocket was the one meme coin I almost bought. Cummies is probably the best-named meme coin running right now.

None of them do anything. A dollar is also a meme. They’re all memes, each classified based on what we all agree upon.
Go ahead and downvote me.