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I've been trying to better understand memecoins and why people are drawn to them, and how that could become a durable, rising wave over time.

I still don't quite get it & still foggy on how some of this manifests into "products" (at least beyond making it super easy to launch a memecoin and exchanges to buy / sell memecoins), so I'd love to hear feedback!

I've been trying to better understand memecoins and why people are drawn to them, and how that could become a durable, rising wave over time.

I still don't quite get it & still foggy on how some of this manifests into "products" (at least beyond making it super easy to launch a memecoin and exchanges to buy / sell memecoins), so I'd love to hear feedback!

https://paragraph.xyz/@reidtandy/on-memecoins-from-a-skeptic

Memecoins blend culture and finance, creating a unique speculative space. Their allure lies in community and meme potential, but enduring success depends on evolving utility beyond speculative trading. Engaging narratives might sustain interest.