Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial.
The code has always been about rebellion and experimentation. Like it or not, Mimecoin fully embodies this spirit. It's not by promises groundbreaking technology, but by playing with emotions, internet culture and communal internal jokes.
Memecoins such as Dogecoin (Doge), Shiba Inu (Shib), Pepe (Pepe), Bonk (Bonk) are all “people money” and empower users to establish digital assets with pure satire and establish digital assets.
Crowd Psychology: How FOMOs and Memes Drive the Market
The 2025 Crypto Market proved one thing. The more you make fun of the Memcoin idea, the more people want to buy it. That doesn't make sense, but that's the point.
Even after Libra Fiasco, Memecoin's market capitalization is over $63 billion, and as of February 24, 2025, Meme Tokens has generated a volume of $5.55 billion in the last 24 hours. And the craziest part? Their strategy works.
Here's the secret source: Meme Coin not only sells tokens, but also sells a sense of belonging.
MemeCoins is not about technology or utilities. They are to join the memes. And nothing causes FOMO to see an absurd idea go viral.
Social media platforms like Twitter, Reddit and Discord amplify this hype like gasoline on fire. When the meme begins, it becomes a self-fulfilling prophecy. The more people laugh, share and talk about it, the more valuable the tokens are. It's ridiculous, it's irrational and still works. In the world of Mimecoin, jokes are usefulness, and community is value.
Cult Meme Coins and Secret Recipes for Success
MemeCoins dates back to 2013. This is when Dogecoin started out as a joke and became the currency of the internet. But a few years later, Elon Musk's support and impact has transformed it into a cultural phenomenon and digital asset with a market capitalization of over $33 billion that it has embraced in many stores around the world.
Riding on Dogecoin's success, Shib was released in August 2020 as “Dogecoin Killer.” Of course, Shiba Inu didn't kill OG Memecoin, but as of February 24, it has established a loyal fanbase with 1,438,500% of community-driven hype, multiple exchange lists, and one of the best ROIs of all time on Crypto.
Then Bonk came in December 2022. After the collapse of FTX, Bonk, riding on the wave of Solana's comeback, promised no innovative technology or complex whitepapers. And somehow, it was enough to revive the entire ecosystem.
In April 2023, Pepe launched it to ride the waves of viral marketing and internet culture rather than “killing” other Memecoins. It was purely successful because it was based on one of the internet's most iconic memes, with no roadmap, no utility, no promise.
Then there's Buttcoin (Buttcoin), Memocoin designed to mimic Bitcoin (BTC), and the whole idea of cryptocurrency. Ironically, it wants to be the “next Bitcoin.” It's clearly not serious, but prices have skyrocketed after its release on January 30th, 2025. Even after the Libra scandal wiped out a portion of Memecoin's market capitalization, Buttcoin's YTD ROI is 1,316%.
Irony? The more people laugh at these meme coins, the more attention they will attract and their value will increase.
How Memecoin builds a loyal community
MemeCoins is more than just a token. They are social movements that bring humor and speculation to the crypto space.
At their core is a community that shares virus posts every day, often develops cult followings, puts everything in tokens of their favorite memes. Without Shib Army or Pepe Holders, no one knows about these billion-dollar market capmeme coins.
MemeCoins bets ownership of the token with humor and internal jokes. There is no need to analyze white papers or complex toconemics. Go fully with “Degen Mode” and become an ape.
For example, consider buttcoin. This is based on absolute banter that attracts people, even those who are skeptical of code. And if someone thinks that the 2013 meme is dead, they need to think again: it has a community of nearly 200K members on Reddit alone.
The Future of Memecoins: Bubble or New Culture?
MemeCoins stays here. Despite the set-offs like the Libra scandal, their humor, simplicity and powerful community continue to attract users. In cryptography, ideas are often more important than technology, and meme tokens prove that hype and humor can build value.
The question is not whether they will survive, but which will rise up next. Even without any real utility, Memocoin carries out a place for internet culture, challenging norms and united communities. In the market that has attracted attention, Memecoins plays the game better than anyone else. So they stay here.