Memecoins don't promise groundbreaking technology but gain popularity by playing on emotions and internet culture.
How Crowd Psychology and Memes Drive the Market
The 2025 crypto market proved: the crazier a memecoin’s idea, the more people want in. As of February 24, 2025, the memecoin market cap is over $63 billion, with $5.45 billion in trading volume in the last 24 hours. Instead of technology, memecoins sell a sense of belonging. Social media amplifies this phenomenon, turning memes into a self-fulfilling prophecy.
Cult Memecoins and Their Secret Recipe for Success
Since 2013, with the launch of Dogecoin, memecoins have gained recognition in internet culture. Following it, memecoins like SHIB, BONK, and PEPE, despite lacking utility, have created vast communities. These tokens emphasize that sometimes ideas matter more than technology. An example is BUTTCOIN, initially created as a parody of Bitcoin, which became one of the most talked-about memecoins.
Building Loyal Communities Around Memecoins
Memecoins are not just tokens; they are movements that unite people through humor and speculation. Communities actively spread viral posts and support their favorite tokens. Memecoins like SHIB and PEPE became known due to their fan bases. Memecoins offer users an engaging way to participate in the crypto space without the need for complex tech analysis.
Memecoins not only survive but also strengthen their place in internet culture, offering users an alternative view of cryptocurrencies.