The "financial rebellion" of young Americans: betting on MEME to turn things around, satirical meme coins become popular
Recently, emerging MEME coins such as RFC, House and TROLL have quickly become popular. These meme cultures, which are full of nonsense, absurdity and even black humor, have not only become a favorite speculative tool for Generation Z, but also carry the young people's rebellious emotions against the traditional financial system and social rules, reflecting an alternative financial cultural landscape with a unique imprint of the times.
Note: This article is AI-translated, slight inaccuracies may exist.
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雪球
5.4 #MEME Review
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Name: #DONKEY
Narrative: CZ concept, spoof donkey, there are some MEME elements in it, and this kind of dog hasn't broken out on BSC for a long time, and the donkey is followed by a small BOO
CA:
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艾叔是个好哥哥
Take advantage of May Day to give up the crowds outside, and settle down to scan the chain to find Alpha.
The first potential project to be discovered by a needle in a haystack was @PLAYFUN__BSC
The official target is to hit a market value of more than 500 million US dollars in 3 months, and the multi-plus trading platform has been scheduled to be launched
2025/05/04 20:00Game + tokens will be launched at the same time.
Contract: 0x84dd4f504d887c206271f5fed67cc421bb555555
The community and the heat are good.
The pre-sale was sold out for 72 hours! The project team has sufficient funds to make a market.
This time at the Dubai 2049 Conference, although there is no halo of VC financing, there are large funds embedded in the market
PLAYFUN IS NOT ONLY MEME, BUT ALSO THE UTILITY TOKEN IN THE GAME.
MEME propagation power × chain game hematopoietic power × community nuclear explosion power is definitely the most potential project since 2025.
TG Community:
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贝吉塔💫VEGETA
A $Pope picture shows you how difficult it is to play in MEME now, which is still during the May Day holiday
I admit that I can't win these people, and I don't like the squat golden dog too much, so I choose to play less, or even not at 😂 all
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老八只白嫖
BOOP's airdrop mechanism is a bit flowery, but in fact, it is not recommended to change the soup without changing the medicine, and it is not recommended that everyone rush until the first wave is eaten
In essence, it is to motivate everyone to send MEME coins, a group of KOLs watched the airdrop of a lot of money, but they had to issue coins themselves to shorten the unlocking time, and those who did not issue coins had to wait for 30 days, and after 30 days, I believe it would not be worth much
Let's not talk about how many KOLs are willing to risk being scolded to issue coins by themselves, judging from the current market liquidity, the celebrity coin effect is already not strong, #meme coins do not follow the narrative, and the volume is a pile of garbage, and now there are many launch platforms, and the pure token launch is no longer competitive
The staking $BOOP bonus seems to be good, it will pay dividends of 5% of the new coins and 60% of the SOL fee income, when the platform launches all the junk coins and there are fewer and fewer people playing, this dividend loses its meaning
Therefore, I advise everyone not to make up blindly when they see the excitement, the mechanism of @boopdotfun is not innovative, it is old wine in new bottles, and the airdrop is actually for users to do free publicity, which is just an expectation
Everyone can issue coins, but it will not play a positive role in the meme market, but will only make the market more and more chaotic, and it is the retail investors who will be hurt in the end
The current price of Memecoin is $0.0018100. Over the last 24 hours, Memecoin has decreased by -4.23%. It currently has a circulating supply of 45,202,456,757 MEME and a maximum supply of 69,000,000,000 MEME, giving it a fully diluted market cap of $82.09M. At present, the Memecoin coin holds the 66 position in market cap rankings. The Memecoin/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Memecoin is a cryptocurrency that was created on the Ethereum blockchain. It is a social experiment and a source of amusement within the cryptocurrency landscape.
Memecoin does not have any inherent functional utility, intrinsic value, or the expectation of financial returns, unlike some other cryptocurrencies such as Bitcoin or Ethereum. Despite its lack of traditional use-cases, Memecoin has carved out its own niche within the cryptocurrency universe. Its impact and value are derived from its dynamic community and the whimsical charm of internet memes.
How does Memecoin work
Memecoin is a cryptocurrency that works differently from traditional cryptocurrencies such as Bitcoin and Ethereum. It does not have any inherent applications and its value is derived from the collective entertainment that it brings to the world of cryptocurrencies.
The volatility of Memecoin's trading volume makes it challenging to use traditional market approximation techniques to value it. However, Memecoin has managed to create a significant impact within the global cryptocurrency market due to its unique and entertaining nature.
About the Founder
Memecoin was founded by the team at Memeland, a web3 venture studio that was spun off from 9GAG, a leading global meme platform. 9GAG has over 200 million monthly followers and is ranked among the top 500 websites globally. The team at Memeland has over 15 years of experience in building community-focused products and has worked with hundreds of distinguished brands, thousands of leading creators, and millions of passionate supporters.
Memeland is focused on the potential of social banking and the Creator Economy. Since June 2022, the team has launched three non-fungible token (NFT) collections: You The Real MVP, The Captainz, and The Potatoz.
Highlights of Memecoin
Memecoin raised $15.80 million USD in two pre-sale rounds. Private investors purchased 12% of the total supply, and the Memeland community purchased 11%. As of October 27, 2023, the total supply of MEME tokens is 69 billion, with a circulating supply of approximately 8.8 billion tokens upon listing, representing about 12.75% of the total supply.
The Memecoin whitepaper states that MEME is not intended to serve as a medium of exchange, a representation of money, or a security, share, or debenture. It does not offer any rights to exchange MEME for goods or services, voting rights in the Memeland ecosystem, participation in any enterprise's business operations, or any entitlement to profits, dividends, or revenue. MEME does not represent any indebtedness or the promise of a financial return.
Memeland has not released a roadmap or made any explicit promises to investors or the community. Despite its lack of traditional utility and value expectations, Memecoin brings a new perspective to the cryptocurrency world, fueling a global culture of humor and fun.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 32K new posts about Memecoin, driven by 12K contributors, and total online engagement reached 8M social interactions. The sentiment score for Memecoin currently stands at 76%. Compared to all cryptocurrencies, post volume for Memecoin currently ranks at 125. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Memecoin.
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Posts
31,831
Contributors
11,691
Interactions
7,980,650
Sentiment
76%
Volume rank
#125
X
Posts
22,811
Interactions
3,757,177
Sentiment
84%
Memecoin FAQ
How much is 1 Memecoin worth today?
Currently, one Memecoin is worth $0.0018100. For answers and insight into Memecoin's price action, you're in the right place. Explore the latest Memecoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Memecoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Memecoin have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
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