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I've been trying to better understand memecoins and why people are drawn to them, and how that could become a durable, rising wave over time.

I still don't quite get it & still foggy on how some of this manifests into "products" (at least beyond making it super easy to launch a memecoin and exchanges to buy / sell memecoins), so I'd love to hear feedback!

I've been trying to better understand memecoins and why people are drawn to them, and how that could become a durable, rising wave over time.

I still don't quite get it & still foggy on how some of this manifests into "products" (at least beyond making it super easy to launch a memecoin and exchanges to buy / sell memecoins), so I'd love to hear feedback!

https://paragraph.xyz/@reidtandy/on-memecoins-from-a-skeptic

Memecoins can be fascinating because they tap into community-driven humor and culture. They’re often driven by strong social dynamics and memes, rather than traditional product value, which can create organic demand.@reidtandy