Hi there, this is Lucky Ali, and most welcome to my new post. When we see meme coins then they look like Internet jokes, which have price tags because when you see the name of those coins, such as dog, frog, or cockroach, no one takes them seriously. After all, the name itself shows that they are Internet jokes and fun. When we look at them in deep, then we can understand that they represent community, blending humour, Social movement, and finance.
Meme coin has cultural energy, and that is what makes meme coins powerful. It is totally different than Ethereum and Bitcoin because those coins are built on whitepapers, and there is a big vision behind those coins. Also, it is connected to the decentralised finance, so they have a serious aim. On the other side, memecoin represents something different, and it can thrive on relatability.
There is an Internet language in terms of memes, jokes, and trends. A simple tweet can do big things at the same time, a simple meme can change the Whole scenario, and it gets in trend. Even after spending millions of dollars on the advertisement or promotion, it can't do things as memes do. So meme is a powerful tool of promotion. If you have invested in any meme coin, then you can say that you belong to this community, so it is Different than Financial moves. When you are investing in other coins, you are investing for profit, for the future, but on the meme, it is a community.
Doge coin has shown some great rallies in the past. People invested in that coin as a joke, and that was just for fun, but now Doge coin is even ahead of many big projects, including our Hive blockchain. And Dogecoin is the oldest meme coin ever in the crypto industry. I personally minted a lot of Dogecoin around 8 years ago. At that time, minting was very cheap, and if you had minted an earned coin at that time and you are still holding those coins, then you are now rich for sure. So this is the power of memecoin.
Doge coin rise, pepe meme rise, shiba inu rise, and there is are longer list in the crypto, we have seen multiple meme coin rises. If you're new to Crypto and you don't want to invest a high amount because you don't have enough money to invest, then just pick some meme coins. You can invest a small amount in multiple meme coins, and you do not need to understand technology, A difficult tokennomics, and also it is difficult to find good coins for you. For example, if you want to invest in Crypto, you have to research AI coins, Defi coins, and Web 3 coins. So there are different categories; you don't need to dive into these things when you are investing in meme coins, and it applies to the newbies. Also, for those who are here just for the fun and having fun by investing in the meme coins, that's it.
Sometimes, such jokes can make you rich in cryptocurrency, which is why meme coins have their own value. However, if you are seeing it from some investment perspective, then it is not good because at the same time, there is risk. They are internet jokes, I admit it, also they represent a community. Please share this article and leave a comment below. I will meet you in my next blog. Till then, take care.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family ♥ |