Travers, a famous blockchain expert, got inspiration from Garfield comics, and is a blockchain enthusiast. At the same time, he wants to be the leader of the primary market in the blockchain. Therefore, Garfield ip and travers jointly appeared. Chinese and European regions create a super meme coin to lead the primary market back to the peak of the primary market.
Meme coins are all the rage in the crypto market. These cryptocurrencies have taken the world by storm with popular public figures backing them for long term viability.
As explained earlier, the entire point of meme coins is to get hype from a broad community of people.
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic.[1] It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety
Meme coins are cryptocurrencies that have been produced as a lighthearted joke. Nevertheless, some meme coins have ballooned in value, gained multibillion-dollar market caps and garnered celebrity endorsements.
While these characteristics suggest that meme coins offer some underlying utility or value, the truth is that nearly all of them lack anything like fundamental value or unique use cases.
Instead, crypto investors often buy meme coins to be part of a community or for entertainment value. The sole use case for most meme coins is pure speculation.
Meme coins are designed like any other cryptocurrency, like Bitcoin or Ethereum, the difference is their existence tends to be centered around a viral moment or funny idea, and their value depends largely on how much momentum that concept can generate.
In many ways, meme coins aren’t all that different from the other cryptocurrencies on the market. They both operate on blockchain technology, can be mined, and are available to investors on cryptocurrency exchanges.
Another huge factor that drives the value of a meme coin is relative affordability, meme coins are pretty cheap.
Believe it or not, volatility is the primary driver for meme coins. Investors are enamoured with the fact that they can pout small amounts of money into an asset, and its value could balloon by multiples in just days. They’ve seen it happen time and again, and they’d want to get in on the next meme coins that will explode.
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