Meme tokens work like other coins as tokens. Value may be more mysterious..
source / credit: ChillyS
Funny to have a direct comparison of MEME coins like Pepe with bitcoin. Pepe as a token on a blockchain unlike bitcoin being its blockchain as well. Most of the points are fulfilled by and in part done by the blockchain where the token resides.
The token carries well in and by communities. Meme coins may be better than coins with a name and character that people may identify with.
Dogs seem to be a big one for sure. Now we have the frog which has been big on the internet. We sure love our animals!
Interesting that Meme coins do have numerous value propositions of bitcoin and other crypto having value that is shown in transfers and holdings like other coins while using the distributed ledger.
What do you think about Meme coins being compared to bitcoin and how they hold up in comparison to cryptocurrencies.
