Meme Coins Evolve: More Than Internet Humor, Now Cultural and Financial Assets
Meme coins, inspired by humor and internet culture, are evolving into cultural and financial assets. Binance’s recent blog highlights their rise, from Dogecoin (DOGE) and Shiba Inu (SHIB) to modern tokens like “Chill Guy” and Gen Z QUANT.
Beyond profits, meme coins reflect generational frustrations with economic instability and act as symbols of rebellion and community unity. Notably, Gen Z QUANT surged 71,000% in six hours after investors rallied against a developer’s rug pull, turning the token into a statement of resilience. While critics question their sustainability, innovative projects are exploring real-world applications, blending financial speculation with cultural movements and social commentary.
Clever Robot News Desk 18th December 2024
