The Rise of Scenecoins
There’s a new trending meta on the onchain frontier: scenecoins.
According to Li Jin’s recent Taxonomy of Memecoins scenecoins are “community-first memecoins” that “launch as a schelling point for distributed communities with shared values and missions.”
Full article by William M Peaster on Bankless
What else could memecoins be?
“I have zero enthusiasm for coins named after totalitarian political movements, scams, rugpulls or anything that feels exciting in month N but leaves everyone upset in month N+1. At the same time, I value people’s desire to have fun, and I would rather the crypto space somehow swim with this current rather than against it.”
Full post by Vitalik Buterin
What Are Meme Coins? Are They Worth Investing In?
“While making money on meme coins is technically possible, it’s not a sure thing. These cryptos are subject to more volatile factors than mainstream cryptos like Bitcoin and Ethereum, and the value of a meme coin can plummet overnight.”
A well balanced article, explaining the possibilities but also the risks of investing in memecoins, on Forbes Advisor
Full article on Forbes
“Memes are the democratizing medium of our collective digital present. Easy to make, easy to share; instantly recognizable and a little nonsensical; a hilarious and at times sickly-sweet jab at the world’s blunders, scandals, protests, and hypocrisies…”
Full article on Artsy