Post
Topic
Board Altcoin Discussion
Re: Most "Memecoins" are not even coins, most "Memecoins" are tokens
by
strunberg
on 07/05/2024, 15:44:19 UTC

Dogecoin is the original meme which is called a coin because it has its own blockchain all memes now imitate dogecoin but memes are now on smart contract networks which anyone can create easily especially on cheaper networks such as BSC and Solana many meme tokens are scattered but they have no function at all.
Meme now only utilizes the eligibility that is hype if there is no such thing then meme tokens will not be valuable at all.

I agree with you. The only meme coin I trust is Doge. Doge has its own network and is the most trusted meme coin today. To be honest I don't like meme coins built on smart contracts. Because it is easy to make, there are many scams from meme coins. You can see news of people losing money because of meme coin projects which, when they are listed on the stock exchange, will be thrown away by their developers. But people don't care because they are tempted by the news of someone who can earn millions of dollars from meme coins.