CoinMarketCap reported a record 138 meme coins in April 2023, despite criticism of their utility, marking a significant increase from a mere 18 in April 2023.
Meme coins are perceived as vehicles for speculation, attracting attention due to their potential value rise, democratic participation appeal, and entertainment factor, rather than utility, as stated by Vitalik Buterin.
[
add
]
[
|
|
...
]