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Meme coins are emerging as the best modes of spreading information and laughter in the world of crypto and blockchain.
Meme coins and tokens are shaping the culture of Bitcoin and the entire crypto space. The funnier jokes and memes on the internet transformed themselves in the form of a meme coin to develop a recognized position in the crypto space. “I love you meme coin” is what every crypto enthusiast is speaking about along with enjoying the meme coin journey.
I Love You Meme Coin
Memes have become universal on social media and have emerged as one of the best modes of spreading information. Crypto memes are awakening individuals about what’s happening in the world of blockchain and cryptocurrency. Here are a few of the crypto memes spreading facts and happiness in the crypto space:
Don’t Trust, Verify: The “Don’t trust, Verify” meme is at the top of the list of crypto memes and is based on the core idea of blockchain. The meme focuses on not trusting the banks or any other central authority with the money.
According to the meme, when an individual gives money to the bank, the bank uses it for different purposes without the depositor’s knowledge. But, the scenario is not with Bitcoin, blockchain, or other cryptocurrencies.
The blockchain permits individuals to check their holdings of coins and offers complete control over the assets.
HODL: “Hold On for Dear Life” is another crypto meme that inspires and attracts individuals to the crypto universe and originated in December 2013. A crypto enthusiast named GameKyuubi posted “I am holding” on BitcoinTalk forum.
He showed that he was not going to sell his coins even though the price had surged dramatically. However, he mistakenly wrote, “I am hodling”. Interestingly, Bitcoin holders and crypto lovers began ‘hodling’ coins instead of ‘holding’.
With time, the crypto meme evolved and turned into an initialism for ‘Hold On for Dear Life’ and worked as a motivation for the crypto community.
Buy the Dip: ‘Buy the Dip’ is one of the most popular crypto memes and is mainly connected with the purchase of digital assets whenever the crypto market falls. The meme inspires crypto fans to buy the dip by making a purchase when the market falls and selling when the price rises again.
El Salvador President Nayib Bukele’s announcement of buying the dip in September 2021, when Bitcoin’s price dropped, best explains the meme. Interestingly, the government made a big purchase of 150 Bitcoins which is unbeatable, according to the president.
The dip can be purchased as the price falls or the price settles at a support level.
Number go up Technology: The ‘Number go up Technology’ crypto meme is somewhat related to the fixed supply of 12 Million Bitcoins and is also used for Ethereum. The meme is used for Ethereum becoming a deflationary cryptocurrency.
The meme is an idea carefully programmed into the monetary rules of each protocol and allows individuals to stick with the investors, developers, and users. The limited supply of Bitcoin enhanced the popularity of the crypto meme and emphasis on the idea of scarcity.
Furthermore, the meme gained pace and popularity when Saifedean Ammous, used the term in a podcast episode SLP147 Savings Technology & Number Go Up.
Top Meme Tokens In The Crypto Market
As memes are gaining pace in the crypto world, meme coins are also gaining popularity and recognition. Here is a list of top meme coins that are leading the crypto meme community:
Dogecoin (DOGE): DogeCoin (DOGE) is one of the oldest and most popular meme coins, created in late 2013 by Billy Markus and Jackson Palmer. Streaming over the Ethereum blockchain, the meme coin has a total supply of 143,757,936,384 and a circulating supply of 143,757,936,384.
Shiba Inu (SHIB): The next strong player on the list is Shiba Inu (SHIB), a part of the dog-themed crypto family and was introduced by Ryoshi in August 2020. It is an ERC-20 token on the Ethereum blockchain which has a total supply of 589,534,086,491,242 and a circulating supply of 589,534,086,491,242.
Dogwifhat (WIF): Dogwifhat (WIF) is a new member of the meme community and secured the top position in the list. The meme coin was launched in November 2023 and got popularity by a trendy internet meme of a Shiba Inu dog wearing a pink-knitted hat. The meme token operates on the Solana blockchain and has a total and circulating supply of 998,920,173.
Pepe (PEPE): Another top player in the crypto meme land is Pepe (PEPE) coin inspired by the widely cherished internet character, ‘Pepe the Frog’. The meme coin was launched in April 2023 and Zachary Testa is claimed to the be founder of the meme coin. The token streams over the Ethereum blockchain and has a total and circulating supply of 420,689,899,999,995.
Conclusion
Meme coins, inspired by the “I love you meme” coin, have become an integral part of the cryptocurrency landscape. They blend humor, culture, and digital currency, creating a unique space where community and investment interact. These tokens, from DOGE to PEPE, not only serve as a source of entertainment but also as a means of spreading awareness and fostering a sense of belonging among crypto enthusiasts. As the crypto world continues to evolve, meme coins will remain a significant cultural force, bringing smiles and laughter to the world of blockchain and digital assets.
FAQs
What is a meme coin?
A meme coin is a cryptocurrency or digital asset that offers homage to memes interestingly and funnily.
What are some fastest-growing meme cryptos?
DOGE, PEPE, and SHIB are a few of the top and fastest-growing meme tokens in the crypto space.
Is ‘I love you meme’ a memecoin?
No, the ‘I love you meme’ is not a meme coin and is used by crypto enthusiasts to show their love and attachment towards digital assets.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
