The development of meme coin: from internet cultural symbols to innovation in the encryption world.
This article systematically sorts out the development history of meme coins, analyzes typical cases, and reveals their unique value logic: unlike traditional financial assets, the core value of meme coins is expressed as "cultural dissemination power × community consensus," rather than solely relying on technology or practical value. According to their evolutionary characteristics, they can be divided into three key development stages:
1. Breaking Ground / Foundation Laying (2013-2016) — Barbaric Growth, Sifting Through the Sands
- Ephemeral type: short-term popularity, lack of cultural accumulation, rapid disappearance. (e.g., Mooncoin, TIPS, Nyancoin)
- Invincible General Type: Cultural Symbol + Community Driven, Long-term Survival. (e.g., DOGE)
2. Dormancy / Outbreak (2017-2021) - The era of smart contracts, mem