Why are meme coins gaining popularity?

🔵 Viral marketing and cultural appeal: Meme coins like Dogecoin and Shiba Inu were created with humor, attracting the attention of online communities. Thanks to memes and social media, meme corners spread quickly and become part of Internet culture, attracting the interest of a wide audience.

🔵 Celebrity support and influence: Celebrities like Elon Musk have supported meme coins on their social media, significantly increasing their popularity. Posts and comments from influential figures can drive up the prices of the same coins and attract new investors.

🔵 Accessibility and low barrier to entry: Meme coins often trade at low prices, making them accessible to beginners. The ability to purchase a large number of tokens for a small amount gives the impression of potential high returns, attracting new traders.

🔵 Community and sense of belonging: Communities around meme corners are generally active and share a common goal of “promoting” the token. Memb…

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🔵 Speculative Opportunities: Meme coins are generally very volatile, attracting traders looking for quick profits. Popularity spikes create short periods of rapid price growth, which traders actively take advantage of.

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