• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Memecoins: From Joke to Major Market Segment

user avatar

by Giorgi Kostiuk

7 months ago


Memecoins, which began as a joke, have become significant market players. Their market cap exceeded $140 billion, but recent disputes over licensing rights draw attention.

The Iconic Doge Meme and Its Legacy

The story starts with the iconic Doge meme, based on the Shiba Inu dog named Kabosu. After her passing, her owner, Atsuko Sato, adopted a new Shiba Inu named Neiro, quickly becoming a symbol in the memecoin space. This led to a flood of Neiro-themed coins, each claiming originality.

Own the Doge DAO's Role in Shaping Neiro's Future

The Own the Doge DAO, focused on preserving Doge meme legacy, secured the official intellectual property rights for Neiro from @kabosumama. This move allows the DAO to designate which Neiro token is 'official,' helping protect the community from fraud and scams. DOG token holders will vote for the official token, while Sato retains veto power, ensuring the final decision aligns with her vision for Neiro’s legacy.

Impact on the Crypto Community

The outcome of this decision could drastically affect the Neiro coin landscape. One Ethereum-based token has a market cap of $663 million, while others are valued around $5 million. The vote could reshape the standings among Neiro coins, identifying a dominant token. Concerns over memecoin legitimacy rise, as Peanut the Squirrel creator Mark Longo accused Binance of unauthorized trademark use.

The future of memecoins like Neiro faces uncertainty due to licensing disputes. It remains to be seen how this situation will evolve.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Changpeng Zhao's Warning: Cryptocurrency Is Not a Get-Rich-Quick Scheme

chest

Changpeng Zhao, former CEO of Binance, warns investors about the pitfalls of seeking fast profits in the crypto market.

user avatarGiorgi Kostiuk

Digital Asset Market in the USA: The CLARITY Act on the Agenda

chest

The CLARITY Act aims to eliminate regulatory uncertainty for digital assets in the USA. Discussions in Congress are ongoing.

user avatarGiorgi Kostiuk

Scandal Surrounding TON Foundation: CZ and UAE Visas

chest

Changpeng Zhao criticizes TON Foundation for UAE visa claims, leading to Toncoin price fluctuations and calls for regulatory oversight.

user avatarGiorgi Kostiuk

BONK and Pump.Fun: Strategies Leading to Gains and Losses in the Memecoin Market

chest

BONK and Pump.Fun reshape the memecoin market with different strategies. We analyze the current state and future predictions.

user avatarGiorgi Kostiuk

AllScale Secures $1.5M for Stablecoin Solutions Tailored for SMEs

chest

AllScale raises $1.5 million to enhance stablecoin tools aimed at small and medium enterprises.

user avatarGiorgi Kostiuk

DigitalX Raises AUD 20.7M to Expand Bitcoin Reserves

chest

DigitalX announces the successful raising of AUD 20.7M to increase Bitcoin reserves, strengthening leadership with Yat Siu's advisory appointment.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.