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While the deeper-rooted crypto communities offer real utility and a solid foundation for their devotees, the crypto world also plays host to a more transient, fragile cult: memecoins. These represent the most fragile and fleeting type of crypto cult. Unlike Bitcoin or Solana, which have real-world applications and long-term communities, memecoins are driven largely by hype, humor, and virality. Their laymen are mostly mercenaries, drawn to the volatile price action and viral moments rather than any ideological foundation. As such, such cults mostly turn out to be explosive, attention-grabbing, and often short-lived. 0 reply
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