This is how Memecoins conquered the DeFi world

Memes are mostly images, videos, stickers, Gifs, i.e. digital products, often of a humorous nature, which are used to communicate something through social media and the Web. For example: a choice, a state of mind, a idea.

The main characteristic of Memes is their ability to be copied, repeated and modified by users, who enrich them with new variations and interpretations, gradually inserting them more and more into their communications and interactions.

Memes have become a real means of communication in recent years.

Their use is so immediate, repeatable and increasing that they have also begun to become symbols with which to identify and, in some cases, they have also begun to influence people's orientations and choices.

In many American communities, where the use of memes has long been consolidated, they have become real flags.

The great assault on the Memecoin market: focus on Pepe and Doge
From Artificial Intelligence a decisive boost to cryptocurrencies?

Shiba Inu and Doge precursors among the coins

Speaking of this new trend, we cannot fail to remember that Shiba Inu in 2020 was probably the first humorous meme inserted into the world of cryptocurrencies, demonstrating that the potential of memes was already well known.

To be precise, Shiba Inu represents a Japanese breed dog already known on the Web and on social media for being part of funny videos and images.

Although his entry into the DeFI world mobilized incredible capital and many investors and was also, in some way, apparently, initially "backed" by people like Elon Musk (who had already promoted the predecessor, Dogecoin), the project did not bring the desired results for investors despite the growth of the cryptocurrency market in the period 2021-2022.

To date, Shiba Inu continues at a slow pace, but has an increasingly willing community that takes care of it.

In fact, in the future, the difference will be made by the communities, that is, how they work, how compact they are, how much they manage to grow and generate new projects.

These large communities are all reunited on X (the former Twitter), on the official sites of the projects themselves and on Discord.

Immediate cryptocurrency payments for Ferrari in the United States, but…
Bitcoin, Ethereum, ETF? Everyone talks about it, but now we need clarity

Pepe, a green anthropomorphic frog with a humanoid body, has also become a digital currency

Pepe Frog: if today power is made into a token

In the wake of Shiba Inu, in 2023 new and old Memes entered the DeFi world, which with the beginning of 2024 and a new recovery of Bitcoin and, in general, of cryptocurrencies have marked real peaks, generating ROI ( return on investment) dizzying in a very short time and exciting traders and investors from all over the world.

Among these Meme stands out Pepe, a green anthropomorphic frog with a humanoid body: it is another American phenomenon that originates from the character of a comic released in 2005.

Pepe Frog boasts a solid community of supporters behind it and in recent years it has represented and is representing a very powerful means of communication, also of a political and social nature, sometimes attributed to an extreme right idea or to a sort of ideological dissent.

The webcomic with which it was born, in fact, was not only ironic, so much so that Pepe Frog was often understood and seen as a symbol of hate.

According to crypto.com, Pepe Coin still boasts an ROI that sometimes approaches 100 percent: in practice, whoever bought one for a thousand dollars in the summer-autumn of 2023 now finds himself with 7000.

Basically, that's what everyone hoped for in Shiba Inu's time and it didn't happen.

Stasis secure infrastructure for cryptocurrency corporate settlements
Bitcoin & Blockchain: Lugano, city in the Canton of… El Salvador

Milady plus Bonk for Solana's Blockchain

Pepe Coin is not the only example from the Meme bubble in the DeFI world.

Many digital wallets have created real campaigns for traders in recent months, facilitating and facilitating the speculative bubble

If it is true that a good, healthy and promising cryptocurrency grows very slowly and steadily over time, one might wonder whether Meme tokens are a real reliable opportunity or just a betting tool.

Pepe Coin has managed to draw attention to a phenomenon even better than Dogecoin and Shiba Inu and together with her we have and are simultaneously having Milady Meme Coin and, for the Solana Blockchain, Bonk! as a surprise.

Other Meme Coins will arrive: it is only the beginning and, it seems, they could represent a firepower, at least certainly in the short term, much greater than that triggered by the entry of tokens from the world of football, which instead are recording very strong trends. content and limited to the events of the transfer market, since in fact they would function quite differently.

There is a Switzerland-UAE axis for Cryptocurrencies and Blockchain
Everyone discovering automation in crypto trading

Not just Memes: the take-off of Crypto AI

All cryptocurrencies linked to artificial intelligence projects since the beginning of 2024 are also experiencing incredible growth.

To stand out among all the cryptocurrencies dedicated to artificial intelligence, we find FET or Fetch.ai, which to date has recorded a return on investment of almost +3000 percent, according to I crypto.co.

Fetch.ai is a decentralized project based on even complex transactions managed by digital agents or groups of digital agents (without human intervention) and entered the DeFi world in 2019, worth around 20 cents.

Initially without too many significant ups and downs, since January 2024 it has risen to such a point that those who bought it after the summer of 2023, during one of its most significant drops, investing 10.000 euros in it today end up with 250.000.

NFT and digital art: the harmonic evolution that serves the real world
Lugano global beacon of digitization and crypto economy

Three times greater value for the crypto RNDR

At the moment the capitalization of FET is quite substantial, but with a value three times greater we have the RNDR crypto, which currently has an ROI of around 30 percent, second place in the world, again according to crypto.com.

Since its entry into DeFi at less than a cent in 2020, it has experienced notable peaks of enthusiasm: those who purchased it at 2023 euros at the end of summer 1,50 are currently trading it at around 12 euros, which means that anyone who invested 6 euros less than 1.000 months ago now has 8.000.

As is known, the world of cryptocurrencies should not be confused with the world of stocks, bonds and all the products of the traditional financial markets.

Although Bitcoin and Stablecoins are practically pillars for decentralized finance and investors, every growth (particularly if sudden) must be understood as an intense and volatile phase of ad hoc speculative operations, which in truth do not always determine added value deployable and stable.

Alpha Tauri leads a growing cryptocurrency ecosystem
The Impact of SEC Actions and Crypto News