Investing in a joke: memecoins as a way to make money, go broke, or express protest.
Cryptocurrency is currently at the peak of its popularity. According to a Gemini report "Global State of Crypto"In just one year (2024-2025), the proportion of people who own cryptocurrencies in countries such as the USA, Great Britain, France, and Singapore has increased from 21% to 24%.
Meme coins played a significant role in this growth, transforming from a niche phenomenon into a global trend. Launching their own tokens has become a fashionable move among celebrities – Donald Trump, Elon Musk or Iggy Azalea.
A memecoin is a cryptocurrency based on internet memes and cultural phenomena of the online environment. Unlike classic crypto assets with clearly defined functions, such as stablecoins, utility or security tokens, memecoins usually lack their own economic model or developed technological infrastructure.
Is it worth investing in memecoins? Who has already made money from their own token? And what are the risks of such investments? Read all about it in this article. LIGA.net
Subscribe to LIGA PRO to read this article. Go to the full version of the page.
Comments