Episode Transcript
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All right, so welcome to the deep dive. Today we're diving headfirst into the world of meme coins in 2025.
I know you're super curious about all of this, this unique corner of the cryptymarket, you know,
all the hype who's involved, what to watch out for, all that good stuff.
So you've got a whole bunch of articles and news sources here and they're all coming from different perspectives
on the whole potential and let's be real, the risks of meme coins.
(01:11):
Yeah, 2025 is really shaping up to be like a defining year for all this.
It really is, so let's just start with the basics. Like what exactly are meme coins for anyone listening who maybe isn't totally up to speed?
Okay, so essentially there are crypto currencies but they're, you know, inspired by all those internet memes and trends,
pop culture trends, they often have that humorous side to them, you know, or they're really community driven,
(01:34):
which kind of sets them apart. I think you could say that Dogecoin, which launched way back in 2013,
really kind of set the stage for everything. Dogecoin, yeah, wasn't that based on the Shiba Inu Doge meme?
Exactly. And it's crazy actually gained some real traction. Like people actually started using it.
It's wild to think about how that was what, over 10 years ago. And now it's like this whole category of crypto.
(01:57):
It shows you how strong internet culture is. Like it can actually affect the financial world.
And now in 2025, the meme coin market has just exploded. It's gone way beyond just like, you know, animal coins.
Oh yeah, there's so many.
Right. Now you see meme coins that are tied to all these like social movements, online communities, you name it.
And even some are used in gaming and stuff now. Like they actually have a use.
(02:21):
That's so interesting. This sounds like meme coins are kind of growing up getting more complex.
Yeah, they are. Take Shiba Inu or Eshid, for example.
Yeah. It started as this like Dogecoin killer, right? But now it's moved way past that.
Nice though.
Well, it's using the Ethereum blockchain so it can do a lot more like it's offering DeFi services now, things like that.
And we're also starting to see meme coins being used in played earn games, even in those crypto casinos.
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So it's getting a lot more complex and useful, I guess you could say.
It's definitely not all just jokes anymore. But it seems like community is still super important for a lot of these coins.
Absolutely. I mean, active online communities, those are really the backbone of a lot of these successful meme coins.
And they get the hype going, you know, and they boost the prices and they spread the word on social media.
(03:09):
And of course, we can't forget about the influence of celebrities.
Oh, yeah. People like Elon Musk when they say something, the market can go crazy.
So true. Speaking of people with huge online presence, did you see the Donald Trump actually launched his own meme coin?
Oh, yeah, the Trump P.
Right before he got inaugurated in January.
I know, right? And it's got his picture on it and slogans like, oh, fight, fight, fight.
(03:33):
Like it's literally referencing his whole political career.
The whole thing's got a mind blowing.
It really is. And you know, the price just went through the roof almost instantly.
I heard it hit like an $11 billion market cap. Crazy.
Yeah, almost. And it was pretty much all fueled by social media.
I mean, it just goes to show you how powerful meme coins can be, right?
(03:54):
Like they can chat into existing communities and all these big narratives that are already out there.
Right. But of course, in this case, it's obviously very political, you know, what are your thoughts on a former president actually launching his own meme coin?
Well, it definitely kind of blurs the lines between, you know, political power and personal gain.
For sure.
I mean, it's raised a lot of ethical questions.
(04:16):
I think it'll be interesting to see how this whole politics meets meme coins thing plays out in the future.
It definitely feels like uncharted territory.
And like every single day, there's something new happening with meme coins.
You're right. They just keep pushing the boundaries.
Well, and speaking of pushing boundaries, have you heard about AI meme coins?
That's one of the newest things for 2025.
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It's like combining artificial intelligence with internet culture.
Coins like a DO8 turbo, K-O-Co and GR-OK are becoming really popular.
AI meme coins. What's the appeal there? Is it just, you know, the novelty of it?
I think novelty is a part of it. Yeah. These AI meme coins, they attract the kind of investors who are into momentum trading.
(04:59):
You know, people who want to see those prices swing up and down really fast.
But there's also this whole layer of potential utility because it involves AI.
It's like a whole new dimension to meme coins.
Wow. It seems like with meme coins, there's literally no limit to what people can come up with.
It's always surprising. Remember all that talk about the DOJAverse making it come back this year?
(05:20):
Oh, yeah. And some people are predicting that this DOJAverse, which is all centered around DOGE,
could actually lead to huge price increases for coins that are already established.
You know, like DOJKoin, ShibaEnu, and FloKyai.
But it might not be just the old players that benefit.
There's a new coin, Nero, that's being called the "Sister of DOGE."
"Sister of DOGE." That's interesting. So what makes people think this Nero coin actually has potential?
(05:45):
Well, it all comes back to community. Nero, people think it's going to tap into that existence.
It's going to tap into that existing DOGEcoin community and just like ride that wave of enthusiasm.
You know Glober Contasotto?
Oh, yeah. The DOGEcoin millionaire.
Exactly. He's super bullish on Aero.
Wow. That's a pretty big endorsement.
So what do you think? What's the big difference between these meme coins that are all driven by community?
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And those other old coins that have big venture capital firms backing them?
There are some key differences for sure.
Mink coins, they usually launch with their entire supply already out there in circulation.
And their narratives are pretty simple, easy to understand.
And the ownership is more spread out. It's more in the hands of individual investors.
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And that's different from a lot of those VC backed coins.
What did you call the VC coins?
Yeah, VC coins. And they can have issues with large token unlocks, which can create selling pressure.
And sometimes their value propositions are really complex, you know, harder for everyday investors to grasp.
And the tokens themselves tend to be distributed in a more centralized way.
Got it. So you're saying meme coins might be more of a level playing field for like regular people who want to invest.
(06:54):
Potentially. Yeah. But with that comes a different set of risks, you know.
Right. We talked about how volatile they can be and how much influence social media has.
But before we get into all the risks, I'm curious to hear your take on like the future of meme coins.
Where do you see this going in 2025 and beyond?
Well, the experts seem to think that this market is just going to keep on growing.
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Like they say it could hit trillions of dollars in market cap.
Wow, trillions.
Yeah. And we're seeing all these new types of meme coins popping up.
Some are all about short term trading and others are more focused on building communities for the long term.
So there's something for everyone depending on what kind of investor you are.
Exactly. And we're seeing meme coins being used more and more in defy services and with smart contracts like Shiba Inu expanding what it can do.
(07:39):
And B-O-N-K getting into that whole Salana ecosystem. It's actually pretty exciting stuff.
It is. But it also sounds like it could be a bit overwhelming for someone who's just getting started.
Right. Exactly. And that's why it's super important to do your homework before you put any money into a meme coin.
Look into the team behind it, how active the community is, the tokenomics, you know, all that stuff.
(08:00):
And make sure there's actual utility, not just memes. Solid advice.
Okay, so we've covered a ton here from the rise of Dogecoin to what was it?
AI meme coins and even former president Trump getting in on the action.
What do you think? What's been the most significant thing to happen in the meme coin world so far this year?
Hmm, that's a good question.
(08:22):
I think the most striking thing is just the sheer growth of the market.
And how much it's diversifying?
Like it's not just dog coins anymore. We're seeing actual innovation, new applications and people are sharing realize that meme coins could be more than just a fad.
Yeah, it seems like they're really gaining momentum, but there's still a lot of risk involved.
What would you say to our listener? Anyone other who wants to learn more about all of this, but maybe feels a little intimidated?
(08:46):
I'd say just embrace the learning process.
This whole landscape is changing so fast and there's always something new to discover.
Don't be scared to ask questions. Join those online communities and explore everything.
You might be surprised by what you find. It really makes you think.
How meme coins are shaking things up in the financial world.
(09:07):
Oh, totally. It's like all those things we thought we knew about value and investing.
It's like meme coins are turning them upside down.
It's a fascinating thing to watch.
And yeah, I think it's definitely making some people in traditional finance pre-nervously.
Think about that whole VC coin versus meme coin thing.
Venture capitalists, they're used to being in control, right?
They decide which projects get funding, what everyone pays attention to.
(09:30):
But meme coins, they just bypass that entire system.
They do.
It's everyday people, online communities, all that enthusiasm, just pouring money in.
Yeah, it really is.
It's a force to be reckoned with, that's for sure.
It's like, I don't know, like the democratization of investing or something.
Like literally anyone can get involved. You don't need some Wall Street hotshot telling you what to do.
(09:53):
That's exactly it. And that's the exciting part, right?
It opens up opportunities for people who maybe felt left out of that whole traditional finance world.
Right.
It's like you have ownership. You're actually participating.
Yeah, that makes sense.
But it can be kind of scary too, because let's be honest, not all meme coins are actually good investments.
Oh, definitely not.
(10:14):
Like there's a ton of hype, right? A lot of speculation and unfortunately, yeah, a lot of scams.
Yeah, that's why it's so important to do your research.
Like you're saying, do diligence.
Exactly. Exactly. You can't just like jump into a meme coin because it has a funny name or because you saw a hashtag trending.
Yeah, you got to dig deeper.
Yeah.
You got to look past all that surface stuff.
Exactly.
(10:35):
What's the team like?
Yeah.
How active is the community?
What are the tokenomics?
And like probably the most important thing.
Is there anything useful about this thing besides the meme?
Yeah, you got to ask yourself, what's the point of this coin?
Yeah, exactly.
It's like any other investment.
You need to understand what you're actually buying, how risky it is, and weigh that against what you could potentially gain.
(10:56):
Yeah, for sure.
And you always have to be prepared for the possibility of losing money, you know?
Memem coins are volatile.
Like their prices can go up and down like crazy.
Yeah, for sure.
Sometimes like within hours.
Yeah.
But it's not something you want to get into if you're really risk averse.
No, definitely not for the faint of heart.
Right.
But like you said, some people are making a lot of money.
(11:18):
And quickly, you know, that's part of the appeal, isn't it?
That potential for like insane games.
Yeah, there's this excitement to it, you know?
Like you never know what's going to happen.
It's a bit like a really high stakes poker game.
Oh, yeah.
Where the rules are constantly changing and the stakes are super high.
Like that, yeah.
It's unpredictable and that's part of the fun, part of what makes it so captivating.
(11:39):
Okay, so, Memem coins are volatile, community driven, a bit of a gamble.
But what's actually driving their value?
Like those traditional financial metrics, they don't really seem to apply here.
You're right.
They don't.
It's not always about, you know, the revenue or profit in the way we usually think about it.
It's more about capturing a cultural moment, creating a narrative that people really connect with, you know?
(12:04):
Yeah.
And building a sense of belonging within a community.
Yeah.
And then, you know, harnessing that power of the internet.
Yeah.
And how it influences the way we all think.
So it's not really about like the numbers is more about the feeling.
Yeah, I think so.
It's like Memem coins are playing with our emotions, you know?
Our sense of humor, our desire to be part of something bigger than ourselves.
(12:26):
Coal leaf.
They're tapping into a deeper level of human psychology.
Wow.
Like our need to connect with other people and share experiences.
And that's where the whole power of the meme comes in, right?
Memes, they're just naturally viral.
They spread like wildfire.
They do.
And they evoke strong emotions like instantly.
Right.
So when a Memem coin manages to capture that same energy, it can take on a life of its own.
(12:51):
So it's not just about the coin itself.
It's the whole story it tells, the community it builds, the feeling it gives people.
Exactly.
It's about taking a snapshot of internet culture, like a little piece of that moment in time
and turning it into something real, something tangible, something you can invest in and be a part of.
That's wild when you think about it that way.
It is, right.
(13:12):
It's like a social experiment happening right in front of us in the financial markets.
It really is.
It's like we're witnessing the birth of a whole new asset class.
Well, wow.
One that's driven by culture, community, and the power of the internet.
And it's still early days, right?
We're just figuring out what mean coins can do.
Yeah, totally.
We're only scratching the surface of their potential.
And, well, the implications too.
(13:34):
Right.
It's a space right for innovation, ready for disruption.
Speaking of innovation, we talked about AI meme coins earlier.
But what about meme coins that are actually trying to do something in the real world,
like with actual use cases?
Oh, yeah.
That's definitely something to watch closely.
As meme coins are getting more mature, they're starting to be more than just these speculative assets
(13:58):
for seeing them used in DeFi, you know, powering game ecosystems, even supporting charities.
It's a sign that the whole meme coin space is growing up, finding its place in the broader crypto world.
It's like that dogeverse we talked about before, right?
It's not just about holding dogecoin anymore.
It's about actually using it, right?
Participating in that whole ecosystem.
(14:20):
It's almost like a parallel financial system is emerging.
And it's built on like memes and people just getting involved.
That's a really powerful idea.
Yeah.
It is.
It reminds me of the early days of the internet, you know?
There was a sense that anything was possible.
Like we could create something totally new and different.
Oh, yeah.
Mink coins are tapping into that same feeling.
And it's attracting this whole new generation of investors who are looking for something different,
(14:44):
something beyond traditional finance.
Yeah, it's not just about, you know, getting rich quick.
It's about being part of something bigger.
Exactly.
It's about being part of a movement.
Yeah.
And shaping the future of finance.
Okay, let's zoom out for a second and look at the big picture.
Okay.
Where does all this memecoin mania fit into the whole crypto world?
(15:07):
Like what are we seeing in terms of trends?
Well, it's clear that crypto is becoming more mainstream, you know?
Oh, yeah.
Institutional investors are getting involved.
Governments are trying to figure out how to regulate it all.
And regular people are hearing about crypto more and more.
Right.
Mink coins are a part of that whole story.
They're like a gateway for a lot of people to enter the crypto world.
(15:31):
Yeah, it's like the fun approachable side of crypto, right?
You don't need to understand all that complicated blockchain stuff to get excited about a dog themed coin.
Exactly.
And that makes it easier for people to get on board.
It makes crypto less intimidating.
Yeah.
But of course, there are still risks.
Right.
Right.
We've talked about the volatility, the speculation, the scams.
Yeah.
But what about like sustainability?
Can meme coins really last or are they just a fad?
(15:55):
That's the million dollar question, right?
Yeah.
Yeah.
Some people think they're just a trend, like something that will disappear when the novelty wears off.
Right.
Others think they're a legitimate asset class, one that could actually disrupt traditional finance.
And some people think they're like a stepping stone.
Yeah.
You know, get people interested in crypto.
Yeah.
And then maybe they'll explore more established projects, things with real world uses.
(16:18):
It's probably a bit of all of those things, honestly.
The meme coin world is constantly changing.
Yeah, it is.
Some coins will definitely fade away.
Right.
Others will thrive and new ones will pop up.
Yeah.
It's a dynamic space and that's what makes it so fun to watch.
It's like a microcosm of the whole crypto market, right?
You've got innovation, speculation, risk, potential, all in one place.
(16:40):
Yeah, that's a great way to put it.
So those big names, Dogecoin and Shiba Inu.
How are they doing with all this change?
Are they still relevant?
It's interesting to see how the originals are adapting, you know?
Dogecoin, even though it's so simple, it's still got this huge dedicated community.
Yeah.
And Elon Musk is still talking about it all the time.
(17:02):
He is.
And there's that nostalgia factor, right?
It's like the, uh, the wise old sage of the meme coin world.
I love that.
The OG meme coin, watching all its little descendants go wild.
Exactly.
And then you've got Shiba Inu.
They're really trying to get away from that whole Dogecoin killer label.
Oh, yeah.
They want their own identity.
Mix them.
They launched their own decentralized exchange.
(17:23):
Really?
Yeah.
And they're working on a metaverse project.
Wow.
They're really trying to show that they're more than just a meme.
So it's like they're trying to become more like a, like a serious crypto project.
Yeah.
In a way, right.
But the challenge for them, and I think for a lot of meme coins, is holding on to that community driven energy.
Yeah.
And it's a fun, exciting vibe as they become more, uh, you know, established and serious.
(17:49):
It's a tough balance to strike.
It is.
It's like, how do you keep that meme magic alive while also building something that will actually last?
That's the question that's going to determine the future of a lot of these meme coins.
The ones that can find that balance, you know?
Right.
The ones that can combine the hype with something real, something valuable.
Those are the ones that could really change everything.
I think you're right.
(18:10):
The meme coin world is getting more competitive, more sophisticated, right?
Yeah.
Like those days of launching a coin based on a funny picture and watching it explode in value, those are probably over.
Probably.
Yeah.
The market is maturing and investors are getting smarter.
Yeah.
They're not just looking for a quick pump and dump anymore.
They want projects that have a vision, a team that can get things done and a community that's truly passionate about what they're building.
(18:36):
So what do you think? What does it take to actually succeed in the meme coin game now in 2025?
Like what's the secret recipe?
Well, I'd say, firstly, foremost, you need a strong community.
Okay.
A community that's really passionate, engaged, and willing to spread the word.
That's the foundation of any successful meme coin.
It's like you got to build a movement from the ground up, fueled by those internet memes,
(19:01):
and a shared sense of, I don't know, excitement.
Exactly.
But like we said, it can't just be hype.
There has to be something real behind the meme.
Right, right, substance over hype.
You need a clear story, you know, a compelling reason for people to believe in the project.
And it can't just be about making a quick buck.
It could be a unique way to use the coin, a connection to some kind of charity, or just a really clever meme.
(19:24):
Great.
Something that people really connect with.
It's like building a brand, but instead of traditional marketing, you're using memes and community engagement.
Right, bro.
To create an identity.
That makes sense.
And that identity has to be genuine.
It has to resonate with people on a real level.
Yeah.
You can't fear some meme.
Yeah.
You know, it has to feel organic.
It has to come from a place of passion and enthusiasm.
(19:45):
So it's a balancing act.
It is.
Between strategy and just going with the flow.
Yeah, you need a plan.
Right.
But you also have to be able to adapt.
To keep up with those internet trends that are always changing.
Yeah, totally.
It's like riding a wave.
It is.
And you need a bit of luck, too.
Sometimes a meme just takes off for no reason, while others that seem like they're going to be huge just fall flat.
(20:07):
Yeah, it's unpredictable.
That's just how the internet works.
And it's part of what makes this whole space so interesting.
So it's like high risk, high reward.
Exactly.
Driven by community, the story it tells, and a bit of internet magic.
That's a great way to put it.
It's not for everyone, but for those who can figure out this whole crazy landscape, the rewards can be huge.
They really tend.
(20:28):
But it's not just about the money.
Right.
It's about being a part of something new and exciting, something that's challenging the way we think about money and value.
Okay, let's switch gears a bit.
We talked about AI meme coins and that dogeverse comeback.
What else is happening?
What should people be paying attention to?
Well, one thing that's becoming more popular is meme coins specifically designed for short term trading.
(20:52):
Like they're called pump and dump coins.
Oh, right.
And it's all about making quick profits by coordinating when you buy and sell.
So it's like you got to get in and get out before the whole thing crashes.
Yeah, exactly.
It's like a game of hot potato, but with money.
Yeah, that makes sense.
These coins usually have a low market cap.
They're really volatile.
Right.
And they often have catchy names or themes, things that will get people's attention fast.
(21:16):
Yeah.
It's not really about building a long term project or a community.
It's just about riding that wave of hype and making a quick buck.
Sounds risky.
Yeah.
Where do people even find these coins?
Are they on coin base or finance?
Not usually.
They're more likely to be traded on those decentralized exchanges, the DEX, or even on platform specifically made for that kind of trading.
(21:41):
Got it.
There's one called pump.fun.
Pump.fun.
Wow, they're not subtle.
I know, right?
But it gets the point across.
It does.
It shows what that type of trading is all about.
It's not for everyone, but it's definitely becoming more popular in the meme coin world.
It shows how the market is branching out catering to different types of investors with different levels of risk tolerance.
So you've got those pump and dump coins on one side.
(22:04):
What about the other side?
Are there meme coins that are more about long term value actually building something that will last?
Yeah, definitely.
A lot of experts think that's where the real future of meme coins lies, actually.
Interesting.
They say the key to long term success is building a strong brand, a loyal community, and creating something useful that the coin can actually do.
(22:27):
So it's about going beyond just the meme building something with substance?
Right.
These kinds of meme coins are sometimes called PVE coins?
PVE, what's that?
It stands for player versus environment.
It's a term from gaming, and it's used in the crypto world to describe projects that are focused on growth and development over time, not just short term gains.
Okay, so PVP coins, those are like the player versus player focused on trading and quick profits, and then PVE is more about building something over time.
(22:55):
Yeah, exactly.
It's interesting how those gaming terms are finding their way into the meme coin world.
I think it shows how the whole meme coin space is becoming more sophisticated, more organized.
It's not just a bunch of random coins anymore.
There are categories, different strategies, different levels of risk.
It's a whole ecosystem.
It is. So it's a great time to be into meme coins, but you got to be careful, got to be informed.
(23:17):
Definitely, yeah.
With all these new projects popping up, it's really important to do your research, you know, understand the different types of meme coins and be aware of the risks.
Yeah, don't just follow the hype blindly.
Right. Educate yourself and make smart decisions.
Okay, so someone's interested in meme coins.
Where do they even begin?
Like, how do they find information?
(23:38):
How do they buy these things?
Well, like we've been saying, research is the first step.
Right.
There are tons of meme coins out there.
Yeah, there are.
And not all of them are worth your time or money.
Definitely not.
You have to look at each project carefully, think about the team, the community, the tokenomics, the overall vision.
So it's like any other investment?
(23:59):
It is.
You've got to do your due diligence, understand the risks, see if the rewards are worth it.
Right. Don't just jump in because everyone else is.
Take some time to really learn about the project, read the white paper if they have one.
Yeah.
Join the community forums, ask questions.
Yeah, good advice.
The more you know, the better decisions you'll make.
So research is key.
(24:20):
But once you've found some good meme coins, how do you actually buy them?
Are they on those big exchanges like Coinbase or Binance?
Sometimes it depends on the coin.
All right.
Some of the more well-known ones like Dogecoin and Shiba Inu.
Yeah, you can find those on the big exchanges.
But a lot of the newer smaller meme coins are only on those decentralized exchanges,
(24:41):
which can be a little harder to use.
The decentralized exchanges, those are kind of complicated for someone who's new to all this.
They can be, yeah.
But they're getting easier to use all the time.
There are lots of resources online that can help you set up a wallet and start trading on a DX.
Right.
And the good thing about using a DX is that you have more control over your own assets.
You're not relying on some big company.
(25:02):
Yeah, that makes sense.
So you've done your research, you've picked a meme coin, figured out how to buy it.
Yeah.
Now what? Just sit back and wait for your investment to skyrocket.
Yeah, that's the dream, right?
It is, but it's rarely that easy.
Right.
The meme coins are so unpredictable.
Their prices go up and down all the time.
You need a plan, an investment strategy.
(25:24):
No one to buy, when to sell.
How much risk you're willing to take?
It's like any other kind of trading.
You need a strategy and the discipline to stick with it.
Exactly. Don't let your emotions take over.
It's easy to get caught up in the hype, you know?
But you have to remember, meme coins are speculative.
You could lose money.
Right.
And you should never invest more than you can afford to lose.
It's good advice.
(25:45):
So set realistic expectations.
So manage your risk and don't let FOMO, you know, fear of missing out make decisions for you.
Yeah, those are good rules for any kind of investing.
Yeah.
But especially with meme coins, because everything moves so fast.
Exactly.
And remember, the meme coin world is always changing.
Yeah, it is.
What's hot today might be gone tomorrow.
(26:07):
Stay informed, be ready to adapt and expect the unexpected.
That's how you navigate this market.
Speaking of unexpected twists and turns, we've talked about a lot today.
We have.
From how meme coins started to what they could become, both in the short term and the long term.
It's a really interesting space.
It is, yeah.
But what about the future?
Where are meme coins going in 2025 and beyond?
(26:30):
What are the restrictions are people making?
Well, one thing we're hearing a lot is that the main coin market is just going to keep growing.
It could hit trillions of dollars in market cap.
Trillions, wow.
Yeah.
And there are a few reasons for that.
Like more people are aware of crypto and using it.
Uh-huh.
Social media is becoming even more influential and new technologies are emerging.
Like AI.
So it's like, meme coins are riding the wave of the crypto boom.
(26:53):
But they're also carving out their own space.
Exactly.
And as the market matures, we'll probably see even more innovation, more experimentation, more competition.
Yeah.
New meme coins are popping up all the time, each with its own unique approach.
It's like a breeding ground for new ideas.
It is.
So it's an exciting time to be watching this space, but it's also important to be cautious.
(27:14):
Right.
With so many new projects, you really have to do your research and understand the risks.
Okay.
Good advice.
But for those who are willing to jump in, it sounds like meme coins offer pretty good.
And the meme coins offer pretty unique opportunity to be part of something new.
Yeah.
Something that could change the way we think about money.
Exactly.
And create new ways to build well.
(27:35):
Okay.
So we've talked about growth, innovation, risk.
What about specific trends to watch out for?
What's coming up?
Well, one trend we're already seeing is meme coins being used in DeFi.
You know, decentralized finance.
Oh, right, right.
More and more meme coins are being used to provide liquidity for those lending and borrowing platforms.
And to create new financial tools.
(27:56):
So they're not just speculative anymore.
They're actually being used for something.
Yeah.
It's like they're finding a purpose beyond just being memes.
Right.
They're becoming tools for financial innovation.
I like that.
And as DeFi grows, we'll probably see even more meme coin integration.
Okay.
It just makes sense, you know, both spaces are all about community.
Yeah.
So it's a win-win situation.
(28:17):
It is.
DeFi gets a boost of energy and enthusiasm from the meme coin community.
And meme coins gain legitimacy by being used in real world financial applications.
Yeah.
So they're supporting each other.
Exactly.
And it creates new opportunities for investors who want to earn passive income and be a part of the DeFi world.
Another trend is those meme coin ecosystems, right?
(28:40):
Like the Dogeiverse.
Yeah.
Collections of meme coins built around a common theme.
Right.
They're creating this sense of community for meme coin fans.
It's like they're forming their own little groups within the crypto world.
With their own values and goals.
And that sense of community is so important, right?
It is.
For getting people to invest and spreading the word.
Totally.
(29:01):
And it's also a great platform for innovation.
New meme coins are being launched within these ecosystems, each with its own unique use or purpose.
That's like a whole mini economy within each ecosystem.
Yeah.
That's a great way to think about it.
So it's like the meme coin world is becoming more structured, more organized.
It is.
Yeah.
There's a random jumble of coins anymore.
(29:23):
There's a direction.
You know?
Exactly.
And that makes the whole space more attractive to investors.
Right.
It encourages innovation and helps to create a more sustainable ecosystem.
So it sounds like meme coins are here to stay.
I think so.
Yeah.
They're evolving, they're adapting, and they're finding their place in the crypto world.
But there are still challenges ahead.
(29:45):
Oh, for sure.
So, meme coins are still a relatively new thing. We don't know everything about them yet.
They're volatile, they can be manipulated, and we still don't know how they'll be regulated.
Right.
Governments are still figuring out what to do with crypto in general.
Yeah.
And meme coins just add another layer of complexity.
So there's a lot of uncertainty.
There is.
Things can go really well or really badly.
(30:08):
Yeah.
It's a space that requires careful thought, research, and caution.
Absolutely.
But for those who are willing to take the risk, meme coins offer something really unique.
Yeah.
The chance to be a part of something new.
Right.
Exciting.
Something that could change the way we think about money and finance.
Okay.
So we've talked about the different types of meme coins, how important community and the story behind them are,
(30:32):
the potential for short term and long term games, and the challenges that lie ahead.
We have, yeah.
But to wrap up this part of our deep dive, what's the one thing you want our listener to take away?
From all of this?
I think the most important thing is to remember that meme coins are more than just jokes.
They're a reflection of our culture.
They bring people together.
And they have the potential to really shake up the financial world.
(30:56):
They're a force to be reckoned with.
And we're just seeing the beginning.
Well said.
And to our listener, keep exploring this amazing and ever changing world.
Do your research, stay informed and be ready for anything.
Because with meme coins, anything is possible.
It's crazy how much the whole meme coin thing has changed even just in the last couple of years.
I know, right?
What started as like an online joke has become like this major player in the market.
(31:21):
And it's attracting some serious talent now too.
Yeah, it's not just like meme fans and people coding in their basements anymore.
Yeah.
We're seeing like actual engineers marketing people, even economists getting involved in these projects.
They're bringing real expertise to the table.
It shows you how the meme coin space is maturing, getting more professional, but it's not losing that like unique vibe.
(31:44):
Totally.
It still has that energy, that kind of rebellious spirit that got people hooked in the first place.
It's like it's finding a balance between the fun, meme driven stuff and a more like serious business side.
Yeah, exactly.
And finding that balance is super important if you want to succeed in the long run.
You need that excitement, that sense of possibility to bring in investors and build a community.
(32:07):
But you also need a solid foundation, you know, a clear plan and a team that can make it happen.
So speaking of making it happen, what are some of the biggest challenges for these meme coin projects?
What do they need to overcome to like actually be successful over time?
One of the biggest things is building trust.
Like we've talked about, there's been a lot of hype and speculation in the meme coin world.
(32:30):
And yeah, there've been scams too.
So for a meme coin to really take off, it has to prove that it's legit, that it's in it for the long haul.
Yeah, that makes sense.
So how do they do that?
How do they convince people they're not just another scam?
Transparency is huge.
Projects need to be upfront about their plans, their team, their finances.
They need to talk to the community, answer questions, address concerns directly.
(32:51):
And the most important thing is they have to actually deliver.
If a project can consistently hit its goals and build a track record of success,
that's how you build trust and a solid reputation.
That's like any other business, right?
Reputation is everything.
Exactly.
And with meme coins, where everything moves so fast online, a bad reputation can kill you.
(33:12):
So projects need to be really careful about how they present themselves and how they interact with the community.
Another challenge I'm thinking about is like just standing out.
We've talked about how many meme coins there are and new ones are coming out all the time.
So how do you make yours different?
How do you get people to notice you and build a following when there's so much money?
That's a great question.
And there isn't really one right answer.
There are a lot of different ways to do it, but some of the most successful projects have focused on
(33:36):
like building a strong brand, giving their coin a unique use, and tapping into those online communities and trends that are already out there.
So it's about finding your niche is something that sets you apart from all the other meme coins.
Exactly.
It could be a meme coin just for gamers or for artists or for a specific cause.
The key is to figure out who you're trying to reach and create something that actually meets their needs.
(34:01):
And it all goes back to the meme itself, right?
If you're going to make a meme coin, it has to be catchy, something people can relate to, and it has to have that potential to go viral.
Totally.
The meme is the heart of the project.
It's what gives it personality.
A strong meme can make a huge difference in getting attention and building a community.
Okay, so we've talked about building trust and standing out.
What about the technical side of things?
(34:23):
What about the technical side of things?
What are some of the technical things meme coin projects have to think about?
One of the first things is deciding which blockchain platform to build on.
There are a lot of options, and they all have pros and cons.
Some of the popular ones for meme coins are Ethereum, Binance, Smart Chain, and Salona.
So it's like picking the right foundation for a house, right?
(34:45):
It has to be strong and work for what you're building.
Yeah, exactly.
The blockchain platform will affect things like how fast transactions are, the fees, security, and how well it can scale.
You also need to think about the developers who use that platform and the whole ecosystem around it.
Another big thing is how the token itself is designed.
Things like the total supply, how it's distributed, and the tokenomics can really make or break a project.
(35:09):
Oh, yeah, for sure.
Those factors determine how scarce the coin is, what the incentives are for holding and using it, and how stable the whole ecosystem is.
It's like designing the engine that's going to power your meme coin.
And you can't forget about security, right?
With so much money flowing through these projects, meme coins have to be a target for hackers.
Absolutely. Security is critical.
Meme coin projects need to have really strong security measures to protect themselves and the people who invest in them.
(35:35):
Things like code audits, multi-signature wallets, and clear security protocols.
So it sounds like creating a successful meme coin is pretty complicated.
You need technical skills, marketing skills. You have to be good at building a community.
And I guess you need some luck too.
Yeah, it's not easy.
But the rewards can be huge.
We've seen meme coin projects create a ton of value, not just financially, but also through the communities they build and the impact they have.
(36:03):
It's like they're making it possible for everyday people to get involved in the financial markets, which is something that wasn't really possible before.
Right. And that's a powerful idea.
Meme coins are more than just jokes or memes. They represent a change in how we think about money and value, their driving innovation, and it's exciting to see where it all goes.
Well, we've covered a lot of ground in this deep dive into meme coin.
(36:24):
We have.
We've talked about where they came from, how they've evolved, what their potential is, and the challenges they face.
Any final thoughts for our listeners? What's the one thing you want them to remember?
The most important thing is to remember that meme coins are more than just jokes.
They reflect our culture, they bring people together, and they have the potential to change finance as we know it.
(36:45):
There are force to be reckoned with, and this is just the beginning.
Well said. And for everyone listening, keep exploring this incredible and ever-changing world.
Be informed, be engaged, and don't be afraid to dive into the world of meme coins.
You might be amazed by what you find.
Absolutely. There's a whole world out there waiting to be discovered.
(37:06):
Thanks for joining us on this deep dive into the world of meme coins.
It's been my pleasure.
And to our listeners, keep learning and keep exploring.
Invest wisely and always do your research.