What are meme coins and how do they gain popularity

 

📈 How Memecoins Gain Popularity

1. 🚀 Virality & Hype

Spread quickly via memes, influencers, and crypto Twitter 

Easily shareable, funny, or absurd themes attract attention 

2. 👥 Community-Driven Growth

Strong, active communities drive adoption 

Often operate like grassroots movements with cult-like followings 

3. 📱 Influencer & Celebrity Endorsement

Elon Musk tweeting about DOGE significantly boosted its price 

Memecoins thrive on influencer attention 

4. 🧠 Simplicity & Culture

Easy to understand — no complex utility required 

Tap into internet culture and humor