Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
I can't imagine that memecoin will challenge bitcoin. Memecoins are temporary coins i think. They are today but not tomorrow. Memecoins first show 10x, 50x or 100x hype. Seeing this, we can think that they will challenge bitcoin. But after one or two years the real situation is understood. No coin has been able to challenge Bitcoin so far and will not be able to in the future.
Exactly. Tons of coins have more utility, existed for a longer time, and not one of them got close to BTC. Thinking that memecoin can beat Bitcoin is truly ridiculous.