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Author Topic: Do you think memecoin can turn into a token with utilities?  (Read 212 times)
Bournesparks
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June 13, 2024, 08:44:11 PM
 #21

so don't you think it's good to have such usecases for a memecoin like this? as giving holders more options to hold?

It's good as long as that use cases would be giving positive impact to the tokens. I meant something like the developers were generating the fees from the players and these fees can be used to buy back the tokens in the market. This is what shiba inu has done but the demands for the utilities of meme tokens are fewer.

As you can see that shiba inu developers have been developing so many usecases for shiba inu. These usecases are

1. Shibarium (L2 blockchain)
2. Shiba game
3. Shiba verse

Many more. The main problem is how can you make players are feeling interested to use your tokens? This is the biggest question that is remain unanswered at this moment.

As long as laika is not only focusing to develop utility, but the team is also focusing on how to make their tokens valuable. It's worthy to buy. It's good to have usecases.

I couldn't agree more.. let's see what Laika has in-store.. not confident in memecoins long term, but it's a good bet for short term. Will explore platforms it's trading on and get a position. NFA though .
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June 13, 2024, 08:45:56 PM
 #22

Yah! Memecoins are here to make profit and not to buy something online. And that is why most of them can't survive in the ecosystem because their aim is to make profit through the investment and it is not easy to make profit because the demand is is not high so with that those who invested earlier would also withdraw their funds back and when the developers see that nobody is investing for them to make profit then they would withdraw the remaining balance and that is the beginning of the project crashed.
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June 13, 2024, 11:43:55 PM
 #23

I think DOGE is a good example of that. And asides from DOGE, It is very possible. What it takes is an innovative mind and a team of developers to implement it. In respect to LAIKA, it’s a sad thing tat despite all you’ve mentioned, their token value has just a lot of zeros before an actual number and I’m guessing it could be because of their token supply of as much as 1 trillion. Not sure what’s going on but their site too is under construction.
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June 14, 2024, 05:26:52 AM
 #24

What’s the utility for DOGE and SHIB? They are just a normal meme coin with a great hype and great amount of investors but in reality there’s no utility for that coin. If we are talking about utilities here meaning there’s a usage for it and serve its purpose, but meme tokens are not created for this as they are only meme and their purpose is for the hype only and not about the utilities.
No mate. Doge has utilities and even real life use cases. Can be used as payment services, there's also doge chain. For Shiba There's shibarium.. it's not like the conventional coins but it's something!!..
By his definition of utility, I agree that DOGE really has it because some people are using the coin for gambling. I heard there are also shops that supports it, so for sure, there are also people who use the coin there. Utility can be the same as use case, and I can't think of any utility or use case anymore that DOGE can be used with aside from what I've mentioned there.

I think I've heard that DOGE chain before but I think it's different from the original DOGE, or their creators rather are not the same. While for SHIB, I think it's theirs. Indeed it is something, (E.g. something special) and I think this have contributed SHIBA for quite some time now.

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May 20, 2025, 10:14:14 PM
 #25

This question has only grown in relevance, so it’s worth revisiting. For example, AI/meme coins have gone ballistic.

Though most memecoins start as jokes or narrative-based hype, some try to bolt on superficial “utility” after the fact. Turning a meme token into something genuinely useful is challenging, but not impossible. It requires building real functionality or community use cases from the ground up, not just marketing buzz.

A few memecoin projects succeed. For example, developing a DEX platform (SHIB’s Shibaswap was one of the first) or a donation system. Success hinges on sustained development and user adoption beyond the meme appeal.
A memecoin can gain utility only if the team has a clear vision of solving a real problem and the community supports that purpose beyond. Most will always remain trading fodder.

It’s a fascinating trend to watch, and I’m hopeful we’ll see at least a few more break the mold and deliver something substantial.

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May 21, 2025, 04:37:56 AM
 #26

No I do not think there will be a token with utilities. This is not the reason for there to be so many of the meme coins.
They are only meant for fun. It is like a meme I look at them like a joke. But you can make some profit if you invest in meme coins like Doge and Shib. And there is no real use for those.

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May 21, 2025, 05:11:50 AM
 #27

This question has only grown in relevance, so it’s worth revisiting. For example, AI/meme coins have gone ballistic.

Though most memecoins start as jokes or narrative-based hype, some try to bolt on superficial “utility” after the fact. Turning a meme token into something genuinely useful is challenging, but not impossible. It requires building real functionality or community use cases from the ground up, not just marketing buzz.

A few memecoin projects succeed. For example, developing a DEX platform (SHIB’s Shibaswap was one of the first) or a donation system. Success hinges on sustained development and user adoption beyond the meme appeal.
A memecoin can gain utility only if the team has a clear vision of solving a real problem and the community supports that purpose beyond. Most will always remain trading fodder.

It’s a fascinating trend to watch, and I’m hopeful we’ll see at least a few more break the mold and deliver something substantial.

You're right, I just made a post concerning this though and j believe it's better starting off with utilities in mind than trying to change a lot in the future because of it which would be more difficult. For example  memecore. They've got everything mapped out already and even a decent total supply 5B. With features like launchpads, onchain reward incentives and it's even even compactible. https://x.com/MemeCore_ORG?t=hHENkInWymiQs6aVMashOQ&s=09. Tge isn't live yet but they're some speculations that it'll go live on T1 exchanges. You can check this out and tell me what you think..
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May 21, 2025, 08:15:51 PM
 #28

No I do not think there will be a token with utilities. This is not the reason for there to be so many of the meme coins.
They are only meant for fun. It is like a meme I look at them like a joke. But you can make some profit if you invest in meme coins like Doge and Shib. And there is no real use for those.
It's basically people who are holding bags, trying to make sure that people are hopeful about memes that they are holding. Look at how many of them trying to shill their shitcoins and you will see that the topic is filled with people who either say No to this, or people who say 'yes' but with agenda of their own shilling.

So there is no person who actually say yes, that is not biased by the shilling, so we can safely assume that this is not going to be good for them, it is not going to be profitable at all. We need to realize , memes are memes, and they should be laughed at and nothing more. If you do that and then avoid investing, then you will make a lot more money with other things. But if you do not, then you are going to lose a lot.

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May 22, 2025, 06:51:22 PM
 #29

No I do not think there will be a token with utilities. This is not the reason for there to be so many of the meme coins.
They are only meant for fun. It is like a meme I look at them like a joke. But you can make some profit if you invest in meme coins like Doge and Shib. And there is no real use for those.
If regular tokens only, it is definitely possible but if we mean meme tokens/meme coins, it is also possible but their numbers can be limited only. Even on the category of regular tokens/coins, there is also a surge on them and as expected, most of them are not essential anymore. Meme coins are like a meme because they are derived from it and as we noticed, their name also has a word meme (meme coins).

I think the huge number of meme coins can be justified because there are also lots of memes on the internet. It is also possible to make money on other meme coins and not just on DOGE and SHIB. In fact, others that are new or not that known yet can also have more potential to be the next rising star.

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