Meme coins are cryptocurrencies driven by internet culture and social trends, often gaining value through community hype and viral attention rather than utility
Meme-coins
Meme coins are cryptocurrencies driven by internet culture and social trends, often gaining value through community hype and viral attention rather than utility
Degen Chain, a Layer 3 network built for memecoin trading, has seen over 10.5 million transactions and 500,000 new wallets in the last several days. Its native token, DEGEN, has surged 13x in the last two weeks, and currently boasts a market cap of over $500 million.
With meme-coins achieving market caps into the billions, the meme-coin market’s expansion is undeniable. Now large meme-coins are evolving beyond their origins, exploring utility and partnerships that could redefine their roles in the crypto ecosystem.
Degen Chain, a Layer 3 network built for memecoin trading, has seen over 10.5 million transactions and 500,000 new wallets in the last several days. Its native token, DEGEN, has surged 13x in the last two weeks, and currently boasts a market cap of over $500 million.
With meme-coins achieving market caps into the billions, the meme-coin market’s expansion is undeniable. Now large meme-coins are evolving beyond their origins, exploring utility and partnerships that could redefine their roles in the crypto ecosystem.
Solana’s meme-coin frenzy leads to SOL’s price surpassing $200 and on-chain trading volumes reaching a new high of nearly $4 billion. Concurrently, the network sees over $100 million raised through meme-coin presales in just three days.
25 million players have mined trillions of yet-to-be-launched virtual 'coins' by tapping in Telegram. What comes next? "We're promising nothing," - says co-creator.
