Meme Coin 101: Meme Coins Category
Based on the market cap, and how they were created, here are some of the types you should remember:
🟦 Meme-first Meme Coins
Congrats! You just bought nothing but joy and happiness, these are tokens based on pure memes that have absolutely no use case, so, cross your fingers and pray for your bags to pump!
The strength of this type is its ability to catch your attention. Look, it's great to see your favorite memes go viral right?
Ex: $PEPE , $WIF , $BOME, $BONK, $MEW
🟦 Community-first Meme Coins
These are the ones created to share mutual cultural meme values/beliefs within a community. It's great to be a part of a community right?
Their mission is to spread their values even wider and wilder 👀
Ex: $SHIB, $DOGE, $ENJOY, $DEGEN, $REDO, $MFER
🟦 Product-first Meme Coins
Tokens that are minted from a project's contract, but don't have any clear connection with that project's value
Ex: $WEN, $NOT
🟦 Event-based Meme Coins
You know the event is good when it has a meme coin representing 👀
Ex: $TRUMP, $BODEN, $PEOPLE
🟦 DEGENS!!!!!
Only for the craziest! These super low-cap tokens are suitable for degens that are looking for 1,000,000x. One shot to the moon, who are the bravests to join the ride?
Ex: Anything super low-cap is a degen! Work yourself out and find some 🤓 Fact: $DOGE was once a degen!
