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.
A meme coin has never and will never surpass bitcoin. If we can understand the difference between meme coin and bitcoin then this kind of speculation is completely foolish. Think of the Doge Coin today, the coin never made it to $1 even though Elon Musk was directly involved. So how can bitcoin be challenged by meme coin? I assume that a meme coin is well established and has high value and demand but don't forget that new meme coins being created will also start to impact the market soon. Bitcoin is completely different in this respect. Should not compare bitcoin with meme coin.