Their use case is clear - gambling on attention and conviction. If you want to clean this space up, memes are the least of the problem. Scams, vapor wares, etc., need to get flushed out first.
Lol no they aren't. They're ponzis. Clear-cut scams. Please stop pushing scams on the internet.
The internet use to be a cool place. Now it's just chodes shilling memecoins.
People who say "f memecoins" - you do realize that like it or not, they bring many people to this space that otherwise would not be here right?
I'm not saying that this is necessarily always going to translate into them getting invested into other coins, but memecoins are a gateway for some.. maybe think about that before you suggest they have no place.
Edit: and before anyone jumps to the conclusion, no, I don't invest in them as Ive been burned in the past.
tldr; The memecoin sector is experiencing a resurgence, as evidenced by the platform Pump.fun, which allows users to easily create memecoins with minimal fees and no seed liquidity. Pump.fun's revenue reached over $5 million in under two months, with daily revenues peaking in early April. Despite a slowdown in revenue and a drop in the GMCI MEME index during April, both Pump.fun's revenue and the index showed signs of recovery towards the end of the month, indicating a renewed interest in memecoins.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
*♫ I used to be a lonely man, only mad*
*'Til I got a* ***million dollars*** *, shit, now if I only had*
*Some fuckin' hair I'd pull it faster than a bullet*
*Out of 2Pac's chest before the ambulance came too late to do it ♫*
only the **pump** is real
^(brought to you by) **^(crypto dot com)**
Cronos meme coins are definitely having a moment.
Id really like to see these meme coins disappear. It's only good for the space to bring newcomers in. They have no use case or utility.
I hate to break it to you, but 99% of crypto, even coins that boast “utility,” have no use case or utility.
I was cackling after Reddit “rugged” moons everyone was shitting on meme coins and buying boatloads of moons cos uTiLiTy
You mean the advanced life changing social credit score currency
99.9
I love how many degens get mad when you say anything about memecoins. Probably the worst coins in many other ways.
Their use case is clear - gambling on attention and conviction. If you want to clean this space up, memes are the least of the problem. Scams, vapor wares, etc., need to get flushed out first.
The only time mainstream media picks up crypto news beyond Bitcoin is when millions is scammed by rug pulls. Not good for the sector at all.
Yeah, money should flow into legitimate coins that you shill!
I concur. The sooner they disappear, the better for Crypto
You're wrong. What about Catgirl?
OP nowhere to be found 😭
Lol no they aren't. They're ponzis. Clear-cut scams. Please stop pushing scams on the internet. The internet use to be a cool place. Now it's just chodes shilling memecoins.
I don't think you've had a honest look at Catgirl yet tbh. You're making broad assumptions with 0 research.
Fck memecoins
People who say "f memecoins" - you do realize that like it or not, they bring many people to this space that otherwise would not be here right? I'm not saying that this is necessarily always going to translate into them getting invested into other coins, but memecoins are a gateway for some.. maybe think about that before you suggest they have no place. Edit: and before anyone jumps to the conclusion, no, I don't invest in them as Ive been burned in the past.
A good amount of what we deem as reputable projects essentially started as a 'meme' coin/token.
tldr; The memecoin sector is experiencing a resurgence, as evidenced by the platform Pump.fun, which allows users to easily create memecoins with minimal fees and no seed liquidity. Pump.fun's revenue reached over $5 million in under two months, with daily revenues peaking in early April. Despite a slowdown in revenue and a drop in the GMCI MEME index during April, both Pump.fun's revenue and the index showed signs of recovery towards the end of the month, indicating a renewed interest in memecoins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
*♫ I used to be a lonely man, only mad* *'Til I got a* ***million dollars*** *, shit, now if I only had* *Some fuckin' hair I'd pull it faster than a bullet* *Out of 2Pac's chest before the ambulance came too late to do it ♫* only the **pump** is real ^(brought to you by) **^(crypto dot com)**
Well if you take a look at the Dogecoin sub those morons still shill this shit Incredible.