Gmog,

Why are memecoins so popular?

Much of crypto's core value actually comes from 'collective trust'. People have been collecting BTC or ETH since the beginning because they believe in technology, security, applications and believe that "cryptocurrency is the future of finance".

Memecoins are different, they eliminate all of the above benefits. So what's left of it? The only thing "Collective Faith".

So far, this belief has proven to be so strong that memes like $PEPE , $DOGE , $SHIB , etc. have been able to reach and maintain capitalization levels comparable to leading chains and protocols. Furthermore, more and more people will believe that memes are cyclical.

I don't know what the market capitalization of memes should be, but I'm sure of one thing:

#MOG_COIN will reach $2B MCap in this wave 🫵😹