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Your Idea of a Memecoin Community Is Wrong

Memecoins have taken the crypto world by storm, but not for the reasons you think. According to CoinGecko, memecoins accounted for 14.3% of all transaction volume in Q2 of 2024, making them the biggest narrative in crypto. However, despite their meteoric rise, the way we understand memecoin communities needs a serious rethink.Memecoins are more than a jokeUnmuteDOGE Ascends Over 100% in Past Week, Traders Set $1 Price Target

02:47Bitcoin Nears $90K; FTX Sues Binance, CZ For $1.8B17:55Are Memecoins Driving This Bull Cycle?01:14Record $1.38B U.S. Bitcoin ETF Inflows on Trump Win, Fed Rate Cut02:38'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto AdvisorAs Murad Mahmudov noted at Token2049, memecoins have captured a unique market position because they are fully unlocked; no VCs, no lock-up periods, and often, no tangible revenue. These factors, Mahmudov argues, turn the tokenized meme into the real product — in essence, the value of memecoins lies within community, mission, and meaning.

But here's where we challenge the narrative. We believe that memecoins started as fun, collective expressions or insider jokes, but their staying power isn't rooted in the "community" as most people define it. Instead, memecoins have evolved into something more fluid and fleeting — a new type of liquidity vehicle.The Maturation of MemecoinsHaving a front-row seat to the evolution of the crypto space has made one thing clear to us: memecoins are no longer just speculative playthings. Yes, speculators thrive on them, and platforms like Ape.pro — which facilitates Solana memecoin trading — have brought significant UX innovation to this speculative frenzy.

What’s more, memecoins aren’t simply driven by community-building in the way traditional asset classes are. Instead, they operate within a cocktail of entertainment, pop culture, and financial speculation. This heady mix has created a distinct market segment that draws substantial trading volume. But something besides community keeps memecoins afloat — their liquidity.Your idea of community is wrongWe’re not totally dismissing the narrative that memecoins succeed because they create communities – in part, that's true. People gravitate toward memecoins to express themselves or align with certain viewpoints, as Michael Selig from Willkie Farr & Gallagher LLP recently pointed out. Memecoins have been tied to political movements, like the U.S. presidential election or Argentina’s libertarian president Javier Milei.

But here's the catch: the community isn’t stable, nor is it the central value proposition.Memecoins, in reality, create a form of liquid community — one that exists as long as the meme and liquidity flow. Think of it as "tradeable social utility." The moment attention shifts, so does the community. This is not a static group of loyal holders, but a fluid network of traders who are drawn in by the social and financial momentum of the moment.Cross-chain key to retain attentionMemecoins represent an attention economy in the sense that their real value lies in their ability to generate liquidity in an ecosystem. What this means is that cultural and financial trends change as users shift their attention. In short, memecoins will endure because they harness the enduring power of cultural communication that evolves with the tech.

A recent incident highlights just how transient and attention-driven memecoin markets can be. Crypto enthusiasts manipulated an experimental AI bot into promoting a memecoin, leading to a staggering 16,000% price increase in one week. This event perfectly illustrates the volatile nature of memecoins and how quickly liquidity and attention can drive up value without any underlying stability.To capture and sustain this attention, cross-chain liquidity is key. FLOKI, for example, started on Ethereum and then added Binance Smart Chain to reach new users. As memecoin projects expand beyond their original chains, they increase accessibility across ecosystems, making it easier for users to follow the next big trend regardless of blockchain.

For traders, this flexibility means that they are no longer bound to a single blockchain’s limitations. Instead, memecoins and their communities will become fluid across multiple chains, with users choosing the environment that offers the best transaction speeds, lower fees, or broader appeal.Liquid communitiesFrom an infrastructure standpoint, what we’ve seen is that memecoin communities are as fluid as the technology that allows them to be. The faster and more frictionless the tech becomes, the more easily memecoin holders can move their assets — and their attention — across different ecosystems.

This is why we believe memecoins will endure. Memecoins provide "tradeable social utility"— a way to signal belonging, express a viewpoint, or capitalize on the next big meme. In the end, memecoins are more than the communities they create. Their true value lies in the liquid nature of these tokens — fluid, fleeting, and always on the move, and it’s this liquidity that will keep memecoins relevant. That too, is evolving with the tech.Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.Edited by Benjamin Schiller.

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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