REASONS WHY MEME COINS ARE RELEVANT IN THE CRYPTO CURRENCY ECOSYSTEM.
The crypto currency world has seen massive adoption since the inception of Bitcoin and other alternative currencies. Some of these reasons are purely speculative, while others are research based or recommendations from friends, loved ones, random YouTube videos and many more.
Coins like ETH, BNB, cadono (ADA), solana (SOL) have built massive network infrastructure solving real life payment and transactional problems, hence have justified their value. Most of which will even appreciate more in prices in the coming years. There are however many more coins out there that have less or next to no real world solutions; and were created for the fun of it or for humorous purposes. Yes those coins will also go parabolic in this bull market, and enrich a lot of people who will sell at the peak of the bull market. Below are some reasons why meme coins are relevant in the crypto ecosystem:
1. Increases adoption.
2. Increases chances of wealth creation.
3. Creates awareness for digital assets and currencies.
4. Most meme coins are on the futures trading section of some popular exchanges, which means these exchanges make more money from meme coins.
Tip: Buy Ai tokens, especially those which meme features.
NB: My contents are purely for educative purposes and not financial advice.
