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TL;DR
Full Story
Meme coins are weird.
But they’re also really interesting, and they’re pretty much certain to play a massive part in the current/next bull run.
Here’s why:
Meme coins of old (think DOGE, SHIB etc.) started as a joke, but at least pretended to have a roadmap and plan for the future to give people some reason to invest in them.
The new breed of meme coins is different – they simply tell it how it is.
E.g. Dogwifhat claims the best thing about it is that it is “literally a dog wif a hat” (see header pic 👆).
But meme coins are super important because who invests in memes? Retail investors.
And if Wall St Bets taught us anything about retail investors, it’s that they have more power than most people realise.
Plus, the internet was literally built on memes!
Sure, the internet is incredible for information, but it’s also incredible for entertainment.
Who wouldn’t want to put money into something that they think is both funny, and that could make them more money?
The tough thing is how to pick the ones which are legitimate, and the ones which will end up going to zero.
Wish we had one of those crystal balls!
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