What utility do meme coins offer?
For a project to challenge and usurp, it would need to offer more utilities than Bitcoin does or improve on the aspect of decentralization, security and immutability.
Meme coins like many other altcoins are purely for speculation, causing the changes in price.
This is the main question that should be put up in mind on what these memecoins do bring when it comes to utility? We do know that these are just using those L1's chain.
There's nothing been offered but we cant be able to ignore if we do talk about community driven. It could really shoot up into those 100-1000x easily and this is why i cant blame up OP
on why he would be having these kind of thoughts in mind that it would really be able to replaced Bitcoin when it comes to dominance. lol
It would really be just that good for temporary but not for long term. We've seen SHIB for example on who far it did able to reach out but when it comes to
ranking then it cant be possible that it would be able to beat up even into those altcoins L1's out there. There's no way on kicking BTC's ass on top 1 rank.