Why are some meme coins with high market value successful?

1. Cultural foundation: Images like PEPE and DOGE have long been popular in Internet culture and have a lot of fans on social platforms. Young people in the crypto community have grown up with the Internet, are particularly familiar with these emoticons, and are willing to integrate them into new trends.

2. Simple and easy to remember: When it comes to DOGE and PEPE, those emoticons immediately come to mind and you can understand them at a glance. These emoticons are highly recognizable and easy to spread, and can be distinguished from others at a glance.

3. Entertainment and humor: Meme coins themselves must have a sense of humor. Meme coins are not only for making money, but also for fun. This relaxed atmosphere can attract outsiders, novices and young people. Therefore, in the first two rounds of bull markets, it may not be those value coins or applications that attract a large number of users, but Meme coins like DOGE and SHIB.

4. Low creation threshold: One of the characteristics of Meme is that the creation threshold is low, and users can spread it quickly, attracting more people to participate. Most memes have a fixed image or template, and users can just change the content; there are also many free tools specifically for making and sharing memes, which simplifies the creation process.

5. Super influencers promote: Social influencers are particularly important in promoting memes. As long as they mention it, the related meme coins will immediately become popular. For example, when Musk mentioned Dogecoin on Twitter, the price and popularity immediately went up.

The combination of Internet pop culture and Crypto has made Meme have a great impact on the financial level, bringing entertainment to investment, and allowing more people to enter Crypto at a low cost because of the resonance of Meme culture.

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