Opinion: Igor Zemtsov, Chief Technology Officer, TBCC
Following “Libragate,” Memecoin’s price crashed, with its market capitalization down nearly 60% from its 2025 high. But the meme token, dead? They have more lives than caffeine cats.
Despite the chaos, MemeCoins still had a market capitalization of $47.9 billion as of March 10th. That’s not exactly a spare change. Meanwhile, like the Black Friday sale, Digicles can still “buy dip”. I’m sure to print 100x profits before the end of the year tokens with absurd names like unicorn chatter, chatter, and batcoin.
Some call it irrational. Others call it degenerate. But when did it stop someone with a code?
Sorry, but he’s not dead yet
Certainly, Memecoins now do not exactly overturn Bitcoin (BTC), Ether (ETH), or Solana (Sol). They have been wiped out for sure. Prices have been tanked, liquidity has dried up and traders who thought they would drink cocktails on yachts are now dealing with it in telegram groups.
Don’t pretend this is the first time this has been declared dead. Every time the world writes them down, they somehow come back halfway through them – sometimes at even more absurd meetings than before.
After all, Logic was not a powerful suit from Crypto. If that were the case, we wouldn’t have seen a billion dollar valuation of fart-themed tokens in the first place. And if human nature tells us anything, it means that people always chase the next big hype cycle – especially when it’s wrapped up in humor and promises of overnight wealth.
MemeCoins is terrible right now. But he died? It’s not a chance. The moment another outrageous trend takes hold, the money comes back. In Crypto, what eventually fell back.
Better marketing than serious crypto startups
Forget your white paper, roadmap, or security audit. MemeCoins doesn’t need it. All you need is a virus meme for X, a 10-minute token launch, and within a few weeks you can sit at a market capitalization of $50 million. Meanwhile, legitimate projects have spent years developing products, hiring developers, and raising funds, but you can only see the tokens struggling to gain traction.
Recently: Solana Revenue fell 93% from January height after Memecoin Bubble Bursts
For Memecoins, community is everything. The bigger the pump is, the better. Retweeting projects is not just the kind that is updated 10 times a day, but it is a completely embraced jokes. These communities aren’t just speculating – they believe. And when enough people buy memes, the token pump.
Shiba Inu (Shib) has built a cult following as the so-called Dogecoin (Doge) Killer. It didn’t kill Doge, but it evolved into a $9 billion token on its own blockchain. Others took an even more odd approach. Fartcoin has turned flatulence into finance. The dust on the unicorn fart captured the magic of branding that was completely pointless. And Buttcoin, the 2013 meme mocking bitcoin, made a comeback to troll the entire industry.
The formula is clear. The ridiculous name makes the hype. Sometimes, “It’s funny” is the only investment paper you need.
Certainly, the crash wiped out some profits, but let’s not act like the memocoin has disappeared. They didn’t go to zero. Strong communities, merciless memes and top-notch shit can live on even the most ridiculous assets.
Memecoin is a rebellion against traditional finances
People are investing their money in Dogecoin instead of Apple stocks. Well, sort of. Crypto has become an escape hatch for people tired of traditional finance. The bank freezes the account. Regulators will add more red tape. Insider trading is ramp-delayed. Memecoin, on the other hand, is all free things, and everyone can win or lose everything. There is no intermediary. No rules. Just an atmosphere.
The same Buttcoin proves that people pump anything just for fun. What started out as a joke now has a dedicated community trying to make it the next Bitcoin. It’s total insanity and that’s exactly why it works.
If the world goes crazy, why don’t you profit from the chaos? Memokine offers a disorderly alternative, as financial markets are more centralized, restrictive and controlled. They represent the Wild West of finance that goes anything. Even the most ridiculous assets can see a valuation of $1 billion.
Memokine as an Internet culture
MemeCoins has been around since 2013, when Dogecoin launched it as a joke about speculative trading. No one took it seriously until Elon Musk was involved and became an informal CEO.
That same year, Buttcoin was born from YouTube videos. Back then it was just a meme, not a token. But a few years later, the community decided to turn the joke into a real cryptocurrency. It exploded because people love jokes – and some believe it could become the next Bitcoin.
A new wave of Mimecoin pushes the absurdity even further. First, first is doge, then wave, then bonk (bonk). Now we have an entire market of farts, crap, bat inspired tokens. And somehow, they continue to take serious projects into other forms.
As long as people love memes, Memecoin will be in the code. Internet culture has been transformed into asset classes.
Is Mimecoin here that will stay here?
Most Memecoin starts out as a joke, but some have found real use cases. Doge is already accepted for payments by Tesla, AMC and Gamestop. Siv Holders can shop at Gucci, Nordstrom and Whole Foods. Even new projects like Solcat are launching games to expand their ecosystem.
Memecoin is no longer just memes. They are shaping new financial reality where viral, speculation and internet culture defines value. But let’s deal with the obvious. The recent crash has significantly reduced ratings, and many people wonder what’s next.
Are they here to stay here or do we see them disappear indifferently? If history tells you anything, it means that Memecoin is like a cockroach – resilient, unpredictable, and always resurfaced. These tokens remain as unstable as ever, so investors need to be more confused.
MemeCoins may not be running the show right now, but be honest. The next big Meme Token is probably already brewed with a telegram group, waiting only for the moment to explode (or collapse).
Opinion: Igor Zemtsov, Chief Technology Officer of TBCC.
This article is for general informational purposes and is not intended to be considered legal or investment advice, and should not be done. The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or express Cointregraph’s views and opinions.
