After you've read it, let's hear your hot takes. Do memecoins have a place in the crypto world? Do they just talk big or can they really make a difference in the industry? Share your thoughts and let's get this discussion going!
Memecoin e.g. dogecoin is created without any developmental plans to use for the long term but just for hype let me explain further.
Dogecoin for instance was created as a joke, so the probability is there that there was no intention for it to go beyond a short period and all to cash in on the hype at that time, but now that dogecoin has gained popularity investors are now rushing into it by starting large amount to benefit from the joke if it got sold out.
But Ultimately meme coins are just gambled and for short-term speculations, since there is no mechanism to propel further development or an ecosystem where their fit in.
